Income tax on rent, worked example, in St. Kitts & Nevis

This content is archived and no longer updated.
Non-resident couple's rental income1
Monthly Rental Income2 1,500 6,000 12,000
Annual Rental Income 18,000 72,000 144,000
= Taxable Income - - -
Income Tax3
No tax on rental income - - -
Annual Income Tax Due US$0 US$0 US$0
Tax Due as % of Gross Income nil nil nil
Thanks to:
Grant Thornton China

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 July 20, 2016.


Notes


1 The property is jointly owned by husband and wife.

2 Exchange rate used: 1.00 US$ = 2.70 ECD

2 No tax is imposed on rental income.

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