Global Property Guide

Financial Information for Residential Property Buyers


Tax example: Rent

Last Updated: June 03, 2016

Non-resident couple's income1
Monthly Rental Income2 1,500 6,000 12,000
Annual Rental Income 18,000 72,000 144,000
= Taxable Income - - -
Income Tax Rates3
Flat rate - - -
Annual Income Tax Due US$0 US$0 US$0
Tax Due as % of Gross Income nil nil nil
Source:
GPG


Notes


1 The property is jointly owned by husband and wife.

2 Exchange rate used: 1.00 US$ = 3.75 SAR

3 No tax is imposed on rental income.

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