Income tax on rent, worked example, in Estonia
Taxation Researcher | October 15, 2021
| Non-resident couple´s joint rental income1 | ||||
| Monthly Rental Income2 | 1,500 | 6,000 | 12,000 | |
| Annual Rental Income | 18,000 | 72,000 | 144,000 | |
| = Taxable Income | €18,000 | €72,000 | €144,000 | |
| Income Tax3 | ||||
| Flat rate | 20% | 3,780 | 15,1210 | 30,240 |
| Annual Income Tax Due | 3,780 | 15,120 | 30,240 | |
| Tax Due as % of Gross Income | 21.00% | 21.00% | 21.00% | |
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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 January 11, 2016.
1 The property is jointly owned by husband and wife.
2 Exchange rate used: 1.00 US$ = 15.65 EEK
3 Nonresident individuals are liable to pay 20% withholding tax on their gross rental income.