Education
Withholding Tax on Building Rent (Jordan)
Deducting 5% WHT when paying rent for leased campus space to an individual landlord.
| Account Name | Type | Debit ($) | Credit ($) |
|---|---|---|---|
| Rent Expense (Leased Campus Space) | Expense (+) | 5,000.00 | - |
| Withholding Tax Payable (ISTD) | Liability (+) | - | 250.00 |
| Cash / Bank | Asset (-) | - | 4,750.00 |
💡 Accountant's Note
Schools renting space from individual landlords in Jordan must withhold 5% of rent and remit it to the ISTD. The landlord receives the net amount.
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