Rental Income Taxation in Marshall Islands

Rental income from immovable property in the Marshall Islands is subject to taxation. The rules apply to both individuals and corporations, with different rates depending on the taxpayer's status.

Who Is Taxed on Rental Income?

Any person or entity that receives rental income from property located in the Marshall Islands is subject to tax on that income. This includes:

Taxation of Individuals

Net Rental Income Calculation

Rental income is taxed on a net basis after deducting allowable expenses. The net rental income is included in the individual's total taxable income and taxed at progressive PIT rates (0–12%).

Allowable Deductions

Non-Deductible Expenses

Taxation of Corporations

Corporate landlords are taxed on net rental income at the standard CIT rate of 22% (subject to minimum 3% of gross revenue). Rental income is included in the company's ordinary business income.

Non-Resident Landlords

Non-residents receiving rental income from Marshall Islands property are subject to 0% withholding tax on gross rental income. The rental income is subject to regular tax rates if the non-resident has a permanent establishment in the Marshall Islands.

Filing Requirements

Record Keeping

Property owners should maintain the following records:

Related Guides

Hong Kong Rental Income & Property Tax Guide — 15% Property Tax, Personal AssessmentHong Kong rental income taxation — Property Tax 15% on deemed rental income (standard rate 80% of actual rent plus rates paid by tenant), Personal Assessment election for progressive rates, and key dePeru Rental Income Guide (IIT 8-30%, 20% Deemed Deduction, 5% WHT 2026)Peru rental income taxation for 2026 — the IIT at 8% to 30% progressive rates, the 20% deemed deduction on the gross rent (or the actual expenses), the 5% withholding tax (WHT) on the rent paid by theGreece Rental Income Tax Guide 2026 — Residential, Short-Term Airbnb & 3-Year Exemptiontaxing rental income in Greece. Residential leases, short-term Airbnb rentals (7-45%), 3-year exemption for new rentals of empty property, and deductions.Lithuania Rental Income Guide 2026 — Tax at IIT Rates, Optional 15% Flat RateLithuanian rental income taxation for 2026. Rental income taxed at progressive IIT 20–32% or optional 15% flat rate, deductions, expenses, and filing requirements.Suriname Rental Income Guide: PIT Rates, Deductions 2026Suriname rental income taxation — taxed at progressive PIT rates 0-38%, allowable deductions (maintenance, management, mortgage interest), and compliance for landlords in 2026.Central African Republic Rental Income Guide 2026 — Residential & Commercial Property, Deductions, Taxationrental income taxation in CAR. Tax treatment of residential and commercial rental income, allowable deductions, property taxes, and compliance requirements for 2026.
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