Spanish Tax Freedom Day

27 June 2017

In 2017, the average Spaniard will have worked 178 days in order to fulfill their tax obligations. In other words, Tax Freedom Day, calculated annually by Think Tank Civismo, takes place on 28 June, one day ahead of last year’s.

In the general calculation, the weight of the individual tax types, in terms of days, is the following: 102 days on average for social welfare contributions, 36 days for income tax (IRPF), up to 25 for VAT, 11 for excise duties, and 5 more for other state, autonomous (regional), and municipal duties, such as real estate tax, inheritance tax, and registration tax. This leaves 186 days of income for the taxpayer.

 

 

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EPICENTER publications and contributions from our member think tanks are designed to promote the discussion of economic issues and the role of markets in solving economic and social problems. As with all EPICENTER publications, the views expressed here are those of the author and not EPICENTER or its member think tanks (which have no corporate view).

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