Spain Income Tax Rates 2026: Personal, Capital Gains and Corporate Tax
A practical overview of Spanish income tax for residents, non-residents and companies, with the original 2017-2018 rate information preserved for historical reference.
1. Spain personal income tax for residents
Resident individuals are generally taxed under the Impuesto sobre la Renta de las Personas Fisicas (IRPF), governed by Law 35/2006. Employment, business and certain other income form the general tax base, while qualifying dividends, interest and capital gains generally form the savings tax base.
Under Article 63, the state component of the general tax scale for tax year 2025 is as follows. Article 74 provides for the separate autonomous-community component; therefore these state rates are not the total personal income tax rate.
| General taxable base (EUR) | State marginal rate |
|---|---|
| 0 - 12,450 | 9.5% |
| 12,450 - 20,200 | 12% |
| 20,200 - 35,200 | 15% |
| 35,200 - 60,000 | 18.5% |
| 60,000 - 300,000 | 22.5% |
| Over 300,000 | 24.5% |
Source: Spanish Tax Agency, 2025 IRPF practical manual. The applicable regional scale, personal and family allowances, deductions and special regimes determine the actual liability.
2. Capital gains and savings income tax
Articles 66 and 76 of Law 35/2006 set the state and regional savings tax scales. Following Law 7/2024, the combined ordinary savings rates applicable from 2025 are:
| Savings tax base (EUR) | Combined marginal rate |
|---|---|
| Up to 6,000 | 19% |
| 6,000 - 50,000 | 21% |
| 50,000 - 200,000 | 23% |
| 200,000 - 300,000 | 27% |
| Over 300,000 | 30% |
These are progressive marginal rates, not flat rates on the entire gain. Exemptions, loss offsets and special treatment of particular assets may affect the result.
3. Tax on non-residents
Non-residents are generally subject to Impuesto sobre la Renta de no Residentes (IRNR) on taxable Spanish-source income under Royal Legislative Decree 5/2004. Article 25 establishes tax rates for income obtained without a permanent establishment, including a general rate of 24%, reduced to 19% for qualifying EU/EEA residents, and a 19% rate for specified capital gains and investment income. Treaty relief and the nature of income must be checked.
For Spanish real estate disposals by non-residents, withholding, reporting and any treaty relief should be reviewed separately. The former page's universal 19% statement for all non-resident capital gains should not be confused with the tax treatment of every category of non-resident income.
4. Corporate income tax in Spain for 2026
Corporate income tax (Impuesto sobre Sociedades) is primarily governed by Law 27/2014. Article 29 and the transitional provisions establish the rates for tax periods beginning in 2026.
| Company category | 2026 rate |
|---|---|
| General corporate rate | 25% |
| Microenterprises: first EUR 50,000 of taxable base | 19% |
| Microenterprises: remaining taxable base | 21% |
| Qualifying small entities under Article 101 | 23% |
| Qualifying newly created entities | 15% |
| Qualifying start-ups under the special regime | 15% |
Microenterprise classification generally depends on prior-year net turnover below EUR 1 million; eligibility restrictions apply. The 15% newly created company rate generally applies to the first profitable tax period and the following one, subject to statutory conditions. It does not automatically apply to every newly incorporated company.
5. Expenses that may not be deductible
Article 15 of Law 27/2014 addresses non-deductible expenses. Important examples include:
- Corporate income tax itself.
- Fines, penalties and certain surcharges.
- Gifts and gratuitous transfers, subject to statutory exceptions.
- Expenses contrary to the legal system and other expressly excluded items.
Capital improvements are generally capitalized rather than deducted immediately. Depreciation is governed by Article 12 and relevant schedules; amounts exceeding permissible tax depreciation may require adjustments. Approved charitable contributions can be subject to separate deduction or incentive rules.
6. Major types of companies in Spain
Sociedad Anonima (S.A.)
A public limited company generally requires minimum share capital of EUR 60,000, with at least 25% of the nominal value of shares paid up on incorporation, subject to the applicable company-law rules.
Sociedad de Responsabilidad Limitada (S.L.)
A private limited liability company can generally be incorporated with share capital from EUR 1 under reforms introduced by Law 18/2022. Additional safeguards apply while capital and legal reserves remain below EUR 3,000. The original EUR 3,000 minimum is therefore outdated.
See the consolidated Spanish Companies Act (Royal Legislative Decree 1/2010), including Articles 4, 4 bis and 79.
7. Historical Spain tax rates for 2017-2018
The following figures reproduce the historical categories from the original article. They are indicative archival information; autonomous-community rates and individual circumstances could change the actual liability.
Personal income tax: illustrative 2018 combined scale
| Income (EUR) | Combined illustrative rate | State | Illustrative regional |
|---|---|---|---|
| 0 - 12,450 | 19% | 9.5% | 9.5% |
| 12,450 - 20,200 | 24% | 12% | 12% |
| 20,200 - 35,200 | 30% | 15% | 15% |
| 35,200 - 60,000 | 37% | 18.5% | 18.5% |
| Over 60,000 | 45% | 22.5% | 22.5% |
Correction: the original article displayed 39% for the EUR 35,200-60,000 band although 18.5% plus 18.5% equals 37%. The original table was not a universal regional scale.
Resident savings and capital gains: 2018
| Taxable savings income (EUR) | Marginal rate |
|---|---|
| Up to 6,000 | 19% |
| 6,000 - 50,000 | 21% |
| Over 50,000 | 23% |
Non-resident capital gains: 2018
The original article stated 19% for non-resident capital gains. The precise rate and exemptions depend on the income category, residence, tax treaty and applicable law.
Corporate tax: 2018
| Category | Historical rate |
|---|---|
| General corporate income tax | 25% |
| Qualifying newly created companies | 15%, subject to eligibility and timing rules |
8. Official laws and tax authority guidance
- Law 35/2006: Personal Income Tax (IRPF)
- Law 27/2014: Corporate Income Tax
- Royal Legislative Decree 5/2004: Non-Resident Income Tax
- Law 7/2024: Tax amendments
- Spanish Tax Agency: Corporate tax rates 2024-2026
- Spanish Tax Agency: IRPF 2025 tax scales
- Royal Legislative Decree 1/2010: Companies Act
This guide summarizes general rules available as of 24 October 2026. Tax year, region, residency, exemptions and future legislative changes can affect the applicable rate. It is not individualized tax advice.