Income tax on rent, worked example, in Finland
Taxation Researcher | October 02, 2018
Notes
1 The property is jointly owned by husband and wife.
2 Exchange rate used: 1.00 EUR = 1.00 EUR
3 Estimated values. Income-generating expenses are deductible when calculating taxable income.
4 Rental income earned by nonresident individuals is considered income from capital, and is taxed at progressive rates.
INCOME TAX ON CAPITOL INCOME 2015 |
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TAXABLE INCOME, € | TAX RATE | |
Up to € 30,000 | 30% | |
Over € 30,000 | 34% on all income over € 30,000 |
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