How Is Non Resident Tax Calculated In Spain?

How much is non resident tax in Spain? – Non-resident taxpayers in Spain are taxed at the rate of 19-24 % on income earned in Spanish territory or income that arises from Spanish sources such as property. Specific rates apply to other kinds of income.

How is non resident income tax calculated?

15% of Income Tax, in case taxable income is above ₹ 1 crore. 25% of Income Tax, in case taxable income is above ₹ 2 crore. 37% of Income Tax, in case taxable income is above ₹ 5 crore. 4% of (Income Tax + Surcharge).

What is the tax rate for non residents?

References and links: –

  • Taxation of Nonresident Aliens
  • Publication 515, Withholding of Tax on Nonresidents and Foreign Entities
  • Publication 519, U. Tax Guide for Aliens
  • Publication 901, U. Tax Treaties
  • Form 1040NR, U. Nonresident Alien Income Tax Return, and Instructions
  • Form 4868, Application for Automatic Extension of Time to File U. Individual Income Tax Return

Return to:   The International Tax Gap Series.

What is the formula to calculate tax?

💰Spanish TAXES for NON-RESIDENTS: Property Taxes & Non-Resident Income Tax

How much income tax do you pay in Spain?

2020 income tax rates

Taxable income band € National income tax rates
0 to 12,450 19%
12,451 to 20,200 24%
20,201 to 35,200 30%
35,201 to 60,000 37%


How is income tax calculated in Spain?

Personal income tax (PIT) rates – Savings taxable income is taxed at the following rates:

  • 19% for the first EUR 6,000 of taxable income.
  • 21% for the following EUR 6,000 to EUR 50,000 of taxable income.
  • 23% for the following EUR 50,000 to EUR 200,000 of taxable income.
  • 26% for any amounts over EUR 200,000.
See also:  Non Lucrative Residency Spain?

For general taxable income, progressive tax rates are applied (which are the sum of the applicable rate approved by the state and the applicable rate approved by each autonomous community of Spain in their progressive tax rate scales). Tax liability may therefore differ from one autonomous community to another. The following tables show the tax scale for withholdings approved by the state. This scale can be used as a guideline of the progressive tax rates applicable for the general taxable base. Tax scale for withholdings applicable in 2021:

Taxable base (up to EUR) Tax liability (EUR) Excess of taxable base(up to EUR) Tax rate (%)
12,450 19
12,450 2,365. 50 7,750 24
20,200 4,225. 50 15,000 30
35,200 8,725. 50 24,800 37
60,000 17,901. 50 240,000 45
300,000 125,901. 50 Remainder 47