Spanish Individual Income Tax Rates for 2015 and 2016
Following Congressional approval for changes to Spain's individual income tax regime in November 2014, the following individual income tax brackets and rates have been issued.
Individual Income Tax Rates for 2015
- Up to €12,450 - 20%
- Over €12,450 up to €20,200 - 25%
- Over €20,200 up to €34,000 - 31%
- Over €34,000 up to €60,000 - 39%
- Over €60,000 - 47%
Individual Income Tax Rates for 2016
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