Taxes · ESP
Taxes in Spain
Spain taxes cryptocurrency capital gains as savings income at rates between 19% and 28% depending on the gain amount. Income from staking and mining is subject to general income tax at progressive rates up to 47%. Spanish residents must also report foreign crypto holdings above 50,000 EUR via Modelo 721, introduced from fiscal year 2023 onward.
The tax figures
Tax wedge
41.44 %
Of every €100 an employer spends on an average single worker, about €41 goes to tax and social contributions before pay-out.
27 of 36 countries that publish it · 2025 · see the ranking →
What this measures, and what it does not
The OECD tax wedge: income tax plus employee AND employer social contributions as a share of total labour cost, for a single person at exactly the average wage. It is a comparable type case between countries — not your personal tax rate.
Tax on pay
23.54 %
Of every $100 of gross pay at the average wage in Spain, about $24 goes to income tax and employee social contributions.
15 of 37 countries that publish it · 2025 · see the ranking →
What this measures, and what it does not
The OECD net personal average tax rate: income tax plus the EMPLOYEE’s social contributions as a share of gross wage earnings, for a single person with no children at exactly the average wage. This is the rate you can apply to a salary. It is deliberately smaller than the tax wedge on the same page, which measures a wider bite (it adds the employer’s contributions) over a wider base (total labour cost) — two honest answers to two different questions.
Take-home pay
$44,176 PPP
The average job in Spain pays about $44,176 a year (PPP) after income tax and the employee's social contributions.
18 of 37 countries that publish it · 2025 · see the ranking →
What this measures, and what it does not
Our own calculation: the OECD average annual wage multiplied by (1 − the OECD net personal average tax rate). Both legs share the same denominator — gross wage earnings — which is what makes the multiplication valid; the tax wedge, which is measured against total labour cost including the employer’s contributions, cannot be used this way. It is a comparable type case for a single average earner: not your salary, and not a full net-income figure, since it excludes benefits, deductions and consumption taxes.
Top income tax
48.58 %
24 of 37 countries that publish it · 2025 · see the ranking →
What this measures, and what it does not
The top statutory rate on wage income — what the last euro of a very high salary is taxed at, combining central and typical sub-central rates (OECD). Almost nobody pays this on their whole income: it applies only above the top threshold.
Corporate tax
19.00 %
32 of 96 countries that publish it · 2026 · see the ranking →
What this measures, and what it does not
The statutory (headline) corporate income tax rate from OECD Corporate Tax Statistics. Effective rates after deductions and incentives are typically lower; this is the rate on paper that companies plan around.
The rules, in words
Income tax
Mining rewards and staking income are treated as general income (rendimientos del capital mobiliario or economic activity income) taxed at progressive rates from 19% to 47%. Fair market value at receipt is the taxable amount.
VAT / GST
Exempt. The Court of Justice of the EU ruled crypto-to-fiat exchange is VAT exempt (Hedqvist, C-264/14), and Spain follows this. Buying or selling cryptocurrency is not subject to Spanish IVA for individuals.
Capital gains
Crypto disposals are treated as capital gains under savings income (rentas del ahorro). Rates: 19% on first 6,000 EUR, 21% on 6,000-50,000 EUR, 23% on 50,000-200,000 EUR, 27% on 200,000-300,000 EUR, 28% above 300,000 EUR.
Type case, not tax advice: figures describe a single average earner and standard rates; your situation depends on residency, deductions and local rules. Verify with the tax authority before acting. — Fiatmap