What are the taxes in Spain?

In Spain there are several types of taxes . When we talk about income tax returns, we refer to a particular tax: personal income tax. These are the acronyms of ” Personal Income Tax “, that is, a tax that is levied on the economic returns that each person has obtained.

This tax is subject to conditions, that is, the amount of taxes that must be paid depends on multiple factors, such as the taxpayer’s family situation, the type of work he does, the assets he has, the realization of the sale of properties, and a long etcetera. To give us an idea, the online form of the income statement has more than 50 pages and more than a hundred headings.

So what other taxes are there in Spain? Some of the best known taxes are:

• The Corporation Tax (IS).
• The Value Added Tax (VAT).
• The Tax on Patrimonial Transmissions and Documentary Legal Acts (ITPAJD).
• The Tax on Donations and Inheritance.
• The Real Estate Tax (IBI).
• The Tax on Mechanical Traction Vehicles (IVTM).
• The Economic Activities Tax (IAE).
• The Wealth Tax.
• The Special Tax on Certain Means of Transportation or Registration Tax (IEDMT).

The list is long enough to name them all in this section, but if you are interested in this topic, check out this article on taxes in Spain. It should be noted that some taxes change from one autonomous community to another and in some communities there are taxes that in others there are not.

Similarly, taxes are not a tax that varies, since the government has the power to modify, create and suppress taxes. What are the taxes in Spain?