AM · AsiaES · Europe
Armenia vs Spain: tax rates compared
Between the two, Spain's income tax rate (48.6%) tops Armenia's (20%) by 28.6pp. The 200-country average is 28%: Armenia sits below it, Spain sits above it. Armenia's figure is dated 2023-01-01 and Spain's 2025-01-01, so the two rates come from different data vintages.
Verified data covers six of the six tracked tax types for both countries; every rate below is cited to its source and dated.
At a glance
| Tax | AM | ES | Difference |
|---|---|---|---|
| Income Tax | 20% | 48.6% | ES +28.6 pp |
| Corporate Tax | 18% | 25% | ES +7 pp |
| VAT | 20% | 21% | ES +1 pp |
| Capital Gains Tax | 0% | 30% | ES +30 pplargest gap |
| Crypto Tax | 0% | 30% | ES +30 pp |
| Wealth Tax | 0% | 3.5% | ES +3.5 pp |
Income Tax
| Country | Rate | Source |
|---|---|---|
| Armenia | 20% | Source: EY Worldwide Personal Tax and Immigration Guide (March 2026) — Armenia · as of 2023-01-01 |
| Spain | 48.6% | Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01 |
| Difference | −28.6 pp | Spain higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Armenia | 18% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Spain | 25% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Difference | −7 pp | Spain higher |
Between the two, Spain's corporate tax rate (25%) tops Armenia's (18%) by 7pp. The 201-country average is 22.6%: Armenia sits below it, Spain sits above it.
VAT
| Country | Rate | Source |
|---|---|---|
| Armenia | 20% | Source: PWC Worldwide Tax Summaries — Armenia (Corporate, Other taxes) · as of 2026-06-30 |
| Spain | 21% | Source: PWC Worldwide Tax Summaries — Spain (Corporate, Other taxes) · as of 2025-12-31 |
| Difference | −1 pp | Spain higher |
Between the two, Spain's VAT rate (21%) tops Armenia's (20%) by 1pp. The 181-country average is 15%: both sit above it. Armenia's figure is dated 2026-06-30 and Spain's 2025-12-31, so the two rates come from different data vintages.
Capital Gains Tax
| Country | Rate | Source |
|---|---|---|
| Armenia | 0% | Source: EY Worldwide Personal Tax and Immigration Guide 2026 — Armenia · as of 2025-10-01 |
| Spain | 30% | Source: PwC Worldwide Tax Summaries — Spain, Individual - Income determination · as of 2025-12-31 |
| Difference | −30 pp | Spain higher |
Between the two, Spain's capital gains tax rate (30%) tops Armenia's (0%) by 30pp. The 175-country average is 10.3%: Armenia sits below it, Spain sits above it.
Crypto Tax
| Country | Rate | Source |
|---|---|---|
| Armenia | 0% | Source: IMF Fiscal Affairs Department — Republic of Armenia: Tax Compliance and Crypto Assets (Technical Assistance Report, July 2024) · as of 2024-07-01 |
| Spain | 30% | Source: Agencia Tributaria — Manual Práctico Renta 2025, Compra y venta de monedas virtuales: tributación en el IRPF del inversor · as of 2025-01-01 |
| Difference | −30 pp | Spain higher |
Between the two, Spain's crypto tax rate (30%) tops Armenia's (0%) by 30pp. The 88-country average is 13%: Armenia sits below it, Spain sits above it. Armenia's figure is dated 2024-07-01 and Spain's 2025-01-01, so the two rates come from different data vintages.
Wealth Tax
| Country | Rate | Source |
|---|---|---|
| Armenia | 0% | Source: PWC Worldwide Tax Summaries — Armenia (Net wealth/worth tax rates) · as of 2026-06-30 |
| Spain | 3.5% | Source: PWC Worldwide Tax Summaries — Spain (Individual, Other taxes) · as of 2025-12-31 |
| Difference | −3.5 pp | Spain higher |
Between the two, Spain's wealth tax rate (3.5%) tops Armenia's (0%) by 3.5pp. The 193-country average is 0.1%: Armenia sits below it, Spain sits above it. Armenia's figure is dated 2026-06-30 and Spain's 2025-12-31, so the two rates come from different data vintages.