Spain INcome Tax rate for 2017, 2018. Capital gain, Corporate TaxSpain, Income Tax Rate  2018-2019 for Individual, Capital Gain Tax and Corporate / Companies, Residents and Non Residents

 

 

Spain Personal Income Tax Rate for 2018-2019

For the Year ended 31st December 2018

Taxable Income (Euros) Total Tax State Tax Regional Tax
0 to 12,450 19% 9.5% 9.5%
12,451 to 20,200 24% 12% 12%
20,201 to 35,200 30% 15% 15%
35,201 to 60,000 37% 18.5% 18.5%
Above 60,000 45% 22.5% 22.5%

 

Spain Capital Gain Tax Rate for 2018-2019 (Residents)

Taxable Income (Euros) Tax Rate
0 to 6,000 19%
6,001 to 50,000 21%
Above 50,000 23%

 

Spain Capital Gain Tax Rate for 2018-2019 (Non Residents)

Description Total Tax
Standard Rate 19%

 

 

Income Tax Rate for Company in Spain for 2018-2019

Particulars Tax Rate
General Corporate Tax Rate 25%
Newly formed companies for two years 15%

 

Disallowable items

- Penalties and Fines

- Corporation Tax payments

- Donations and Gifts to other than specifically approved organisations

- Expenditure on enhancement and improvement of capital assets

- Depreciation over maximum prescribed rates

 

Major Types of Companies in Spain

SA - Public Limited Company

Minimum 25% share capital;

Minimum 60,000 Euros authorised capital

 

SL - Private Limited Company

Minimum share capital 3000 Euros

 

 

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