Income tax on rent, worked example, in Russia
Taxation Researcher | June 01, 2016
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1 No special rules for spouses are provided under the Russian tax law, so each spouse´s income is declared and taxed separately. The residential property is jointly owned by husband and wife, i.e. at the time the property is purchased, each owns a proportion of the property according to the sale and purchase agreement.
2 Exchange rate used: 1.00 EUR = 70.00 RUB
3 Nonresidents are taxed at a flat rate of 20%, without deductions.