Income tax on rent, worked example, in Andorra
October 28, 2016
Notes
1 The property is jointly owned by husband and wife.
2 (2) Exchange rate used: 1 EUR = 1.00 EUR
3 Estimated values. Income-generating expenses are deductible when calculating taxable income.
4 Rental income earned by nonresident individuals is taxed at a flat rate of 10%.
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