Login
Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
Don't have an account? Register Here
<h1>Arrears of Rent Taxed as Income in Year of Receipt with 30% Deduction, Regardless of Property Ownership</h1> The tax treatment of arrears of rent involves charging the amount received as income in the year it is received, after deducting 30% of such arrears. This applies regardless of whether the taxpayer owns the property in the year of receipt. The arrears of rent, not previously taxed, are subject to taxation under these conditions.