Tax Rates in Spain (2026): Income Tax, Corporate Tax & VAT
Headline tax rates that matter when you buy, rent out or hold property through a company in Spain, with their history and a comparison with Southern Europe.
- Top personal income tax rate
- 47.0%
- 2026
- Corporate income tax rate
- 25.0%
- 2026
- VAT / sales tax (standard rate)
- 21.0%
- 2026
Tax rate history in Spain
Current headline rates
| Indicator | Value | Year | Change | Source |
|---|---|---|---|---|
| Top personal income tax rateHighest statutory marginal rate on personal income | 47.0% | 2026 | ±0.0 pp vs 2024 | PwC Worldwide Tax Summaries |
| Corporate income tax rateHeadline statutory corporate income tax rate | 25.0% | 2026 | ±0.0 pp vs 2024 | PwC Worldwide Tax Summaries |
| VAT / sales tax (standard rate)Standard value-added or sales tax rate | 21.0% | 2026 | ±0.0 pp vs 2024 | PwC Worldwide Tax Summaries |
| Year | Top personal income tax rate | Corporate income tax rate | VAT / sales tax (standard rate) |
|---|---|---|---|
| 2026 | 47.0% | 25.0% | 21.0% |
| 2024 | 47.0% | 25.0% | 21.0% |
| 2023 | 47.0% | 25.0% | 21.0% |
| 2022 | 47.0% | 25.0% | 21.0% |
| 2021 | 47.0% | 25.0% | 21.0% |
| 2020 | 45.0% | 25.0% | 21.0% |
| 2019 | 45.0% | 25.0% | 21.0% |
| 2018 | 45.0% | 25.0% | 21.0% |
| 2017 | 45.0% | 25.0% | 21.0% |
| 2016 | 45.0% | 25.0% | 21.0% |
Property-specific taxes (transfer tax or stamp duty, annual property tax, capital gains on sale and withholding on rent paid to non-residents) vary by region and buyer status and are not included in these headline figures — see the Spain buying guide.
Spain vs Southern Europe: tax comparison
| Country | Top personal income tax rate | Corporate income tax rate | VAT / sales tax (standard rate) |
|---|---|---|---|
| Spain | 47.0% | 25.0% | 21.0% |
| Albania | 23.0% | 15.0% | 20.0% |
| Bosnia and Herzegovina | 10.0% | 10.0% | 17.0% |
| Croatia | 30.0% | 18.0% | 25.0% |
| Greece | 44.0% | 22.0% | 24.0% |
| Italy | 43.0% | 24.0% | 22.0% |
| Kosovo | 10.0% | 10.0% | 18.0% |
| Malta | 35.0% | 35.0% | 18.0% |
| Montenegro | 15.0% | 15.0% | 21.0% |
| North Macedonia | 10.0% | 10.0% | 18.0% |
| Portugal | 48.0% | 19.0% | 23.0% |
| Serbia | 10.0% | 15.0% | 20.0% |
Related
Current rates: PwC Worldwide Tax Summaries (taxsummaries.pwc.com), as last reviewed by PwC. Earlier years: Trading Economics. Rates are statutory headline rates; surcharges, regional taxes and special regimes may apply.