Income tax on rent, worked example, in Russia
June 01, 2016
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1 No special rules for spouses are provided under the Russian tax law, so each spouse’s income is declared and taxed separately. The residential property is jointly owned by husband and wife, i.e. at the time the property is purchased, each owns a proportion of the property according to the sale and purchase agreement.
2 Exchange rate used: 1.00 EUR = 70.00 RUB
3 Nonresidents are taxed at a flat rate of 20%, without deductions.