Europe
Spain tax rates 2026
This is a high-tax residence-based system, combining state and regional (autonomous community) income tax with a regional wealth tax and a national solidarity tax on large fortunes. The Beckham regime, though, offers new arrivals a 24% flat rate.
Worldwide (residence-based)
Last verified
The taxes
| Personal income (top) | 47%Progressive. The combined state and regional headline rate is around 47%, but effective top rates run ~45–54% depending on region, highest in Catalonia/Valencia and lower in Madrid/Andalucía. |
|---|---|
| Corporate income | 25% |
| Capital gains | A savings-income scale of 19–30%, with the top 30% applying to gains above EUR 300k. |
| VAT / IVA | 21% |
| Dividends (WHT) | 19% |
| Interest (WHT) | 19% |
| Royalties (WHT) | 24%, or 19% for EU residents. |
| Social security (employee) | ~6.5% |
| Social security (employer) | ~30% |
| Wealth tax | 0.2–3.5%, set regionally, with a EUR 700k allowance. In Madrid and Andalucía it is effectively 0%. |
| Inheritance / estate | Yes, and regional. The headline rate runs up to ~34%, though close family members get large reductions. |
| Property tax | IBI, a municipal tax, runs around 0.4–1.1% of cadastral value. |
| Other | A solidarity tax on large fortunes, 1.7–3.5% on net wealth above EUR 3m. |
How the system works
- Tax system
- Worldwide (residence-based)
- Foreign income
- Taxed (worldwide)
- Taxes by citizenship
- No
- Exit tax
- Yes, leaving has a cost
- CFC rules
- Yes
- CRS
- Participating
A special regime for new arrivals
The Beckham Law, under Art. 93 LIRPF, taxes Spanish employment income at a flat 24% up to EUR 600k, and 47% above that, for 6 years.
Rates checked July 2026: the top marginal income tax rate, the standard VAT rate and the main corporate rate.
Ways to relocate to Spain
The residency and citizenship routes that lead here, weighed against the tax picture above.