Income tax on rent, worked example, in British Virgin Is.
Taxation Researcher | July 10, 2019
DISCLAIMER: The information contained above is marketing material only and is not written tax advice directed at the particular facts and circumstances of any person and should not be relied upon. We encourage you to discuss your particular situation with us or an independent tax advisor. This information was last updated on 16 November 2015.
1 The property is jointly owned by husband and wife.
2 No income tax in the British Virgin Islands.
3 Hotel accommodation tax (7%) is levied on the gross rent charged to guests on holiday rentals. Long-term rentals to British Virgin Islands´ residents are exempt from hotel accommodation tax.