Article: Active versus passive rental income

LEON HARRIS
Jerusalem Post
03-12-2008
Headline: Active versus passive rental income
Byline: LEON HARRIS
Edition; Daily
Section: Economics
Page: 18

Wednesday, March 12, 2008 -- One of the tougher tax questions in many countries is: When is rental income active business income rather than passive income? For example, say you own and operate a shopping mall and ensure that the ambiance and tenant mix are always appropriate, the building is properly maintained and the mall is fun for people of all ages - is the resulting rental income active or passive? The tax rates and rules may be very different in each case.

The Supreme Court recently issued a judgement that goes a long way to clarifying the ...

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