Non-resident couple's rental income1		US$1,500	US$6,000	US$12,000
Annual Rental Income (2)		18,000	72,000	144,000
Less Expenses (3)		(5,400)	(21,600)	(43,200)
Less Real Estate Tax (4)		(360)	(1,440)	(2,880)
= Taxable Income		US$12,240	US$48,960	US$97,920
Income Tax 4
Up to TND1,500	nil	-	-	-
TND1,500 - TND5,000	15%	525	525	525
TND5,000 - TND10,000	20%	1,000	1,000	1,000
TND10,000 - TND20,000	25%	560	2,500	2,500
TND20,000 - TND50,000	30%	-	8,688	9,000
Over TND50,000	35%	-	-	16,772
Annual Income Tax Due		US$2,085	US$12,713	US$29,797
Tax Due as % of Gross Income		11.58%	17.66%	20.69%
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DISCLAIMER: The information contained above is marketing material only and is not written tax advice directed at the particular facts and circumstances of any person and should not be relied upon. We encourage you to discuss your particular situation with us or an independent tax advisor. This information was last updated on August 23, 2016.

Notes

¹ The property is jointly owned by husband and wife, but in Tunisia, married couples are taxed separately (50% upon each partner). So the calculated figures in the tax bands reflect the tax rates applied to their separate incomes, with the resulting calculated individual tax total multiplied by two (to reflect the total net income derived from the properties). So for instance, in the US$1,500 monthly income band, each spouse has an income of TND12,240, which falls within the TND10,000 - TND20,000 tax band, not into the TND20,000-TND50,000 band.

² Exchange rate used: 1.00 US$ = 2 .00 TND

³ Estimated values.

⁴ Individuals are subject to progressive income tax rates in Tunisia.

⁵ Rental income earned by nonresident individuals is taxed at progressive rates.