Europe: Rental income taxes (%).

The tax levied on the average annual income on a rental apartment/property in the country.


  • Gross rental income is /US$1,500/month
  • The property is personally directly owned jointly by husband and wife
  • Both owners are foreigners and non-residents
  • They have no other local income
  • There is no mortgage, i.e., no loan is taken for the purchase

In arriving at the pre-tax profit figure, we calculate, and deduct:

  • Depreciation / capital allowances if available. We assume a value for the apartment based on our valuation research, and depreciate on this basis.

We deduct any other costs which a landlord normally pays - management charges, buildings insurance, realtor agency fees, etc. We either choose a standard percentage deduction (if available) or typical actually incurred costs. If real estate tax is normally payable by the landlord, we deduct that.

Our rental income tax figures are provided by accountants (see list of contributors). For more details see the Data FAQ.

Source: Contributing Accounting Firms

Switzerland 60.00%
Denmark 52.07%
Luxembourg 49.00%
France 48.00%
Malta 35.00%
Finland 30.00%
Portugal 28.00%
Turkey 27.15%
Austria 22.97%
Norway 22.00%
Iceland 22.00%
Greece 22.00%
Italy 21.00%
Sweden 20.00%
Estonia 20.00%
Spain 19.00%
Slovak Rep. 19.00%
Hungary 15.00%
Lithuania 15.00%
Slovenia 15.00%
Montenegro 15.00%
Czech Rep. 15.00%
Netherlands 13.42%
Ireland 10.05%
Croatia 10.00%
North Macedonia 10.00%
Bulgaria 10.00%
Romania 10.00%
Latvia 10.00%
Germany 9.92%
Poland 8.50%
Belgium 8.11%
Cyprus 0.00%
*n.a. means there is not enough data to show a valid result