Income tax on rent, worked example, in Finland
Taxation Researcher | October 02, 2018
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
|TAXABLE INCOME, €||TAX RATE|
|Up to € 30,000||30%|
|Over € 30,000||34% on all income over € 30,000|