Income tax on rent, worked example, in Oman
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| Non-resident couple´s joint monthly rental income1 | US$1,500 | US$6,000 | US$12,000 | |
| Annual Rental Income | 18,000 | 72,000 | 144,000 | |
| Less Expenses 3 | 25% | 4,500 | 72,000 | 144,000 |
| = Taxable Income | 13,500 | 54,000 | 108,000 | |
| Income Tax Rate4 | ||||
| Flat rate | 3% | 405 | 1,620 | 3,240 |
| Annual Income Tax Due | 405 | 1,620 | 3,240 | |
| Tax Due as % of Gross Income | 2.25% | 2.25% | 2.25% | |
| Source: Global Property Guide research |
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Notes
1 The property is jointly owned by husband and wife.
2 Exchange rate used: 1.00 US$ = 0.50 OMR
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 3%.