Tax Example: Rent

January 29, 2018

NON-RESIDENT COUPLE
(RENTAL INCOME CONSIDERED AS BUSINESS INCOME):

Non-resident couple's rental income1
Monthly Rental Income2 1,500 6,000 12,000
Annual Rental Income 18,000 72,000 144,000
Less: Expense3 25% 4,500 18,000 36,000
= Taxable Income 13,500 54,000 108,000
Income Tax 4
Up to SEK 455,300 0% - - -
SEK455,300 - SEK 662,300 20%
-
1,215
4,358
Over SEK 662,300 25%
-
-
9,571
Annual Income Tax Due - 1,215 13,929
Tax Due as % of Gross Income 0.00% 1.69% 9.67%
Source:
Global Property Guide

Notes


1 The property is jointly owned by husband and wife.

2 Exchange rate used: 1.00 EUR = 9.50 SEK

3 Estimated values. Income-generating expenses are deductible when calculating taxable income.

4 Rental income earned by nonresident individuals is taxed at progressive rates.

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