Effective Tax Rate on Rental Income
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Global Property Guide research
Non-resident individuals are taxed on their income from Belarus sources. Married individuals are taxed separately.
Individuals are subject to income tax at a flat rate of 13%.
Rental income earned by individuals is subject to income tax at a flat rate of 13%. Income-generating expenses are deductible when calculating taxable income.
Capital gains realized by individuals from selling real property are subject to income tax at a flat rate of 13%. Taxable capital gains are calculated by deducting acquisition costs and improvement costs from the selling price.
Real property tax is levied at varying rates, depending on the classification of the property owners. It is paid annually by the property owners.
Individuals are subject to real property tax at a flat rate of 0.10%.
Companies are subject to real property tax at flat rates ranging from 1% to 2%.