Home>Tax in brief>Tax on property rental

• Tax on property rental is set by the rental received as the following:
  • Buildings such as houses, factories, warehouses, offices, and so forth
  • Manual tools are equipped with industrial institutions
  • Industrial and commercial installed fittings established in place, large buildings loaded with liquids and miscellaneous products such as fuel, pitch, grains
  • Floating houses, ships used as accommodations or miscellaneous business services
  • Free land (land without buildings) is included with the areas of stone, mine and coal extraction, lakes and salt pan field
• This tax is collected from proprietors or assignees
• The tax rate on the property rental is equalized 10% of the gross rental. This gross rental shall be written in a contract or an agreement with lessees.