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Income taxes

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Founder’s words

Founder’s words

FOR FOREIGNERS / NON-LITHUANIA RESIDENTS

If you are a foreign investor or non-Lithuania resident your interest income (from rent and capital gains) earned on InRento is currently taxed at a 15% tax rate. Meaning that if you earn 1000 EUR in income from interest, you will be taxed for 150 EUR and you will receive 850 EUR. However, it’s possible to reduce this tax. Read more about it here.

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Income earned from late payments and penalties is not taxed.

Filing for taxes and paying them in your local tax residency is your own responsibility.

https://inrento.com/blog/important-information-about-taxes “InRento is EU’s largest buy-to-let crowdfunding platform.”

FOR LITHUANIAN RESIDENTS

If you are a Lithuanian resident, withholding tax will not be applied to you for your interest income (from rent and capital gains) earned on InRento. This means that if you earn 1000 EUR worth of interest, you will receive all 1000 EUR, then paying taxes on this income will be your responsibility while declaring taxes. Read about tax relief for Lithuanian residents here.

Income earned from late payments and penalties will be taxed at a 15% tax rate. Please note, that this tax is automatically withheld and you don't have to pay it on top.

https://inrento.com/blog/important-information-about-taxes

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