Income tax on rent, worked example, in Ecuador
July 25, 2018
| Non-resident couple´s joint monthly rental income1 | US$1,500 | US$6,000 | US$12,000 | |
| Annual Rental Income | 18,000 | 72,000 | 144,000 | |
| = Taxable Income | 18,000 | 72,000 | 144,000 | |
| Income Tax Rates2 | ||||
| Flat Rate | 25% | 4,500 | 18,000 | 36,000 |
| Annual Income Tax Due | US$4,500 | US$18,000 | US$36,000 | |
| Tax Due as % of Gross Income | 25% | 25% | 25% | |
| Thanks to: Moores | ||||
1 The property is jointly owned by husband and wife.
2 Exchange rate used: 1.00 USD = 1.00 USD
4 Rental income earned by nonresident individuals is taxed at a flat rate of 25%.
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