Income tax on rent, worked example, in Slovak Republic
Taxation Researcher | October 15, 2019
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 taxed at a flat rate of 19% for income up to €36,256.38, and a flat rate of 25% for income exceeding €36,256.38.