Notes: The tax rates do not include Spain's local regional tax. In 2023 in certain autonomous regions in Spain the top marginal income tax rate including regional tax is up to 45%, as in Madrid. In 2022-2023 there is an additional solidarity wealth tax of 1.7%-3.5% on individual net ...
Income tax in Spain is calculated at a progressive rate from 19 to 45%. Residents of Spain must pay tax on all income acquired in Spain and outside the country. The 19% rate is applied if the amount of income does not exceed 12,450 euros per year, 24% — on the income range from...
The Withholding Tax Rate in Spain stands at 19 percent. This page includes a chart with historical data for Spain Withholding Tax Rate.
Under this special tax regime, employment income up to €600,000 is taxed at a rate of 24%, and employment income exceeding this amount is taxed at a rate of 47%.The election is effective for the first year of residence in Spain and the following five consecutive years. ...
Along with the French franc, it was also a de facto currency used in Andorra (which had no national currency with legal tender). The peseta was replaced by the euro in 2002, following the establishment of the euro in 1999. The exchange rate was 1 euro = 166.386 ₧. Albania...
In 2023, the most significant change to the corporate income tax was the reduced tax rate for owners of small businesses mentioned in the previous section: the general tax rate (i.e., for businesses with a tax base under €1 million) has been brought down from 25% to 23%. This is go...
Spanish income tax calculator. With our Spain tax calculator, determine and caclulate your salary tax obligations in Spain under the Beckham Law and see how much you could save on taxes. Simply input your income and tax status, and our calculator will do
Standard VAT rate The standard VAT rate in Spain is 21%, which is one of the Spain VAT rates applicable to most goods and services that are not eligible for reduced or super-reduced rates. Think of it as the “default” VAT rate for any taxable transaction in the country. The standard...
In Spain, these are companies whose main activity is directing and managing their ownership interests (direct or indirect holdings of at least 5%) in non-resident entities, and the financial resources directly related to such investments. Their business activity may also include the rendering of ser...
Gaming Duty is currently charged at the following rates in accordance with theGambling (Duties and Licensing Fees) regulations 2018 DUTYRATEEXEMPTION General Betting Duty0.15%The first £100,000 of the operator’s gross betting profit on bet receipts in each year ...