Income Tax Rates Spain
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Due to political impasse in spain the 2020 budget was not passed and therefore the 2018 2019 tax rates and allowances continue to be used for 2020.
Income tax rates spain. For residents in other eu member states or european economic area eea countries with which there is an effective exchange of tax information the rate is 19. How does the spain income tax compare to the rest of the world. For non residents income obtained without a pe is taxed at the following rates. Spain has a bracketed income tax system with four income tax brackets ranging from a low of 15 66 for those earning under 17 707 to a high of 27 13 for those earning more then 53 407 a year.
This page provides the latest reported value for spain personal income tax rate plus previous releases historical high and low short term forecast and long term. Icalculator es excellent free online calculators for personal and business use. Non resident income tax nrit rates. Personal income tax rate in spain averaged 47 73 percent from 1995 until 2020 reaching an all time high of 56 percent in 1996 and a record low of 43 percent in 2007.
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