Income tax on rent, worked example, in Nicaragua

October 22, 2017

Non-resident couple's joint income1 Monthly Rental Income2 1,500 6,000 12,000 Annual Rental Income 18,000 72,000 144,000 Less Expenses3 30 5,400 21,600 43,200 = Taxable Income US$12,600 US$50,400 US$100,800 Income Tax4 Flat r…
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