The Spanish tax system is modern and pro-business. The tax burden in Spain, (i.e. tax and social security contributions as a percentage of GDP), is approximately six points lower than in neighboring countries (UE-27).

Source: Taxation trends in the European Union 2010. Total tax revenue (including social security contributions). 2008 in % of GDP

The main direct taxes applicable in Spain are:

• Corporate income tax
• Personal income tax
• Non-resident income tax

The main indirect taxes applicable in Spain are:

• Value added tax (VAT)
• Transfer and stamp tax

This chapter includes the following topics:

• Companies
• Individuals
• Non-Residents
• VAT
• Transfer and Stamp Tax

Prepared by Garrigues

Last updated: 14|03|2011