Is there a maintenance cost deduction?

Yes, Iraqi tax law automatically deducts 10% of gross annual rent for maintenance and wear-and-tear.

Who is responsible for paying property tax in Iraq?

The legal property owner (lessor) is legally responsible for reporting and paying property taxes to the GCT.

IraqUpdated for 2026Taxes

Iraq Built Property Rental Tax Calculator 2026

Calculate annual Iraqi built property rental tax (10% on net annual rent after 10% statutory maintenance allowance) under Real Estate Tax Law No. 162 of 1959.

Real Estate & Property Property Taxes & Fees Income Tax & Brackets

Calculated Result

Annual Real Estate Property Tax

1,080,000IQD

Calculator Inputs

Monthly Rental Value

IQD

Quick select:

Property Usage Type

Annual Real Estate Property Tax

1,080,000IQD

Monthly Tax Equivalent

90,000 IQD

Net Annual Rental Income After Tax

10,920,000 IQD

Gross Annual Rent

12,000,000 IQD

10% Maintenance Allowance

1,200,000 IQD

The effective tax rate represents 9% of total gross annual rent after accounting for the statutory 10% maintenance allowance.

Annual Rent & Tax Distribution

Net Annual Rental Income After Tax

10,920,000 IQD(83%)

Statutory Annual Property Tax

1,080,000 IQD(8%)

10% Maintenance Allowance

1,200,000 IQD(9%)

Calculated pursuant to Real Estate Tax Law No. 162 of 1959 as amended, administered by the General Commission for Taxes (GCT).

This calculator is a mathematical model for general financial estimation, planning, and educational guidance. Results depend on your inputs and standard formulas, and do not constitute binding financial, tax, or investment advice. Always consult a qualified professional before making financial decisions.

Official Statute: قانون ضريبة العقار العراقي رقم 162 لسنة 1959 المعدل وتعليمات الهيئة العامة للضرائب لعام 2026Last Verified: 2026-09-04

Calculation Methodology

Annual tax is levied at 10% on annual rental income after deducting a statutory 10% maintenance allowance (effective tax rate is 9% of gross rent).

Frequently Asked Questions

The statutory rate is 10% on the net annual rental value after deducting a 10% standard maintenance allowance.

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Iraq

Iraq Built Property Rental Tax Calculator 2026

Calculator Inputs

Annual Rent & Tax Distribution

Calculation Methodology

Frequently Asked Questions

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