Tax on property income in Belarus
Effective Tax Rate on Rental Income |
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| Monthly Income | €1,500 | €6,000 | €12,000 |
| Tax Rate | 9.75% | 9.75% | 9.75% |
| Click here to see a worked example | |||
| Source: Global Property Guide research |
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INDIVIDUAL TAXATION
Non-resident individuals are taxed on their income from Belarus sources. Married individuals are taxed separately.
INCOME TAX
Individuals are subject to income tax at a flat rate of 13%.
RENTAL INCOME
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
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.
PROPERTY TAXATION
PROPERTY TAX
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%.