Income tax on rent, worked example, in Bolivia

November 09, 2015

Non-resident couple's rental income1
Monthly Rental Income2 €1,500 €6,000 €12,000
Annual Rental Income 18,000 72,000 144,000
Less Exbenses3 50% 9,000 36,000 72,00
= Taxable Income 9,000 36,000 72,000
Income Tax4
Flat rate 25% 2,250 9,000 18,000
Annual Income Tax Due 2,250 9,000 18,000
Tax Due as % of Gross Income 12.50% 12.50% 12.50%
Thanks to:
Ginthoer & Partner

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 November 09, 2015.


1 The property is jointly owned by husband and wife.

2 Exchange rate used: 1.00 US$ = 8.90 BOB

3 Income-generating expenses are estimated to be 50% of the gross rent.

4 (4) Rental income earned by nonresident individuals is taxed at a flat rate of 25%.


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