Spain tax rates
Europe · headline statutory rates, 2025 · High tax
In Spain, the top statutory personal income tax rate is 47% (ranked #10 of 96 countries), the headline corporate income tax rate is 25%, and the standard VAT/GST rate is 21%. Capital gains for individuals are treated as: Residents up to 30%; non-residents 19%. Overall it reads as a high tax jurisdiction on headline rates — high headline rates across income, corporate and VAT. These are statutory top rates, not the effective tax most people pay, and not tax advice — verify with Spain's official tax authority.
Source: PwC Worldwide Tax Summaries. Data as of June 2026.
Spain tax rates at a glance
| Tax | Spain |
|---|---|
| Top personal income tax rate | 47% |
| Corporate income tax rate | 25% |
| Standard VAT / GST | 21% |
| Capital gains (individuals) | Residents up to 30%; non-residents 19% |
| Employee social security | Employee ~6.47% (capped) |
Source: PwC Worldwide Tax Summaries. Data as of June 2026.
Headline statutory rates (2025), compiled from PwC Worldwide Tax Summaries and cross-checked against OECD / Tax Foundation data. Rates change — confirm with the official tax authority before relying on them. This is not tax advice.
What these Spain rates mean
The figures above are headline statutory rates: the top marginal personal income tax rate, the standard (not reduced) VAT/GST rate, and the main corporate rate. The top 47% income tax rate only bites on income above the highest bracket — the effective rate an average earner pays is lower. Consumption is taxed through VAT/GST at 21%, usually with reduced rates on essentials. Always layer in social security (Employee ~6.47% (capped)) and any local taxes for a full picture.
How Spain ranks
| Measure | Spain | Rank (1 = highest) |
|---|---|---|
| Top personal income tax | 47% | #10 of 96 |
| Corporate income tax | 25% | #22 of 96 |
| Standard VAT/GST | 21% | #17 of 87 |
Countries with a similar tax level to Spain
The five countries closest to Spain on overall headline tax level:
| Country | Top income tax | Corporate tax | VAT/GST |
|---|---|---|---|
| Spain (this country) | 47% | 25% | 21% |
| Colombia | 39% | 35% | 19% |
| Slovenia | 50% | 22% | 22% |
| Pakistan | 45% | 29% | 18% |
| Morocco | 37% | 35% | 20% |
| Israel | 50% | 23% | 18% |
Frequently asked questions
What is the income tax rate in Spain?
The top statutory personal income tax rate in Spain is 47%. This is the highest marginal rate, which only applies above the top income threshold — most taxpayers pay less. It ranks #10 of 96 countries in our dataset by top rate. Headline rate as of 2025; verify with the official tax authority.
What is the corporate tax rate in Spain?
Spain's headline corporate income tax rate is 25%, ranking #22 of 96 by headline corporate rate. Effective rates can differ with incentives, surcharges and local taxes. Verify with the official authority.
Does Spain have VAT or sales tax?
Yes — the standard VAT/GST rate in Spain is 21%. Reduced rates often apply to food, medicine and other essentials.
Is Spain a high-tax or low-tax country?
On headline statutory rates, Spain looks like a high tax jurisdiction — high headline rates across income, corporate and VAT. This is a rough signal from top rates only, not the effective tax an average person or company pays. Tax residency, deductions and treaties change the real picture. Not tax advice.
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Sources & accuracy
Headline rates for Spain from PwC Worldwide Tax Summaries, cross-checked with the OECD and Tax Foundation. Data as of June 2026; reflects roughly the 2025 tax year. These are statutory headline rates, not effective rates, and this page is general information, not tax advice — verify with Spain's official tax authority and a qualified adviser before acting. See our methodology and disclaimer.
Last updated: 2026-06-20