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Rental Tax

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Rental Tax

Rental tax

House rent and other rent, with federal withholding and a municipal rate you enter.

How this is calculated

House rent received by a natural person has no federal withholding under section 88. Type the municipal house-rent tax percent your ward charges. Other rent is withheld at 10% of the rent.

For reference only. Confirm the figure with the broker, bank or Inland Revenue Department before you rely on it.