Learn about income and sales taxes, and how foreigners are taxed. Find out how file taxes and what income may be excluded from taxation. Below is a brief excerpt from this section:
The Organisation for Economic Co-operation and Development’s (OECD) latest annual Taxing Wages report notes that Spain’s income tax burden is above the OECD member country average, especially for single workers and two-earner couples with two children. According to this same report, “the take-home pay of an average single worker, after tax and benefits, is 78.6% of their gross wage.”
A person is considered a resident of Spain for tax purposes if:
He or she is present in Spain for more than 183 days in a calendar year
The person’s center of business and economic activities is in Spain
The person’s spouse and dependents usually reside in Spain
Residents of the country are taxed on worldwide income, while non-residents are taxed only on Spain-sourced income.
This is just a brief sample of the extensive information in the GoinGlobal Spain Career Guide, which is carefully researched and regularly updated by local career experts.