CA · AmericasES · Europe

Canada vs Spain: tax rates compared

Canada's income tax rate is 4.9pp higher than Spain's (53.5% vs 48.6%). The 200-country average is 28%: both sit above it.

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

0102030405060Income48.6%53.5%Corporate25%26%VAT5%21%Capital Gains27.4%30%Crypto27.4%30%Wealth Tax0%3.5%
six shared taxes, side by side
Tax CA ESDifference
Income Tax53.5%48.6%CA +4.9 pp
Corporate Tax26%25%CA +1 pp
VAT5%21%ES +16 pplargest gap
Capital Gains Tax27.4%30%ES +2.6 pp
Crypto Tax27.4%30%ES +2.6 pp
Wealth Tax0%3.5%ES +3.5 pp

Income Tax

Income Tax, side by side
CountryRateSource
Canada53.5%Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01
Spain48.6%Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01
Difference+4.9 ppCanada higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Canada26%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Spain25%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference+1 ppCanada higher

Canada's corporate tax rate is 1pp higher than Spain's (26% vs 25%). The 201-country average is 22.6%: both sit above it.

VAT

VAT, side by side
CountryRateSource
Canada5%Source: PWC Worldwide Tax Summaries — Canada (Corporate, Other taxes) · as of 2026-06-12
Spain21%Source: PWC Worldwide Tax Summaries — Spain (Corporate, Other taxes) · as of 2025-12-31
Difference−16 ppSpain higher

Spain's VAT rate is 16pp higher than Canada's (21% vs 5%). The 181-country average is 15%: Canada sits below it, Spain sits above it. Canada's figure is dated 2026-06-12 and Spain's 2025-12-31, so the two rates come from different data vintages.

Capital Gains Tax

Capital Gains Tax, side by side
CountryRateSource
Canada27.4%Source: PWC Worldwide Tax Summaries — Canada (Individual, Taxes on personal income) · as of 2026-06-12
Spain30%Source: PwC Worldwide Tax Summaries — Spain, Individual - Income determination · as of 2025-12-31
Difference−2.6 ppSpain higher

Spain's capital gains tax rate is 2.6pp higher than Canada's (30% vs 27.4%). The 175-country average is 10.3%: both sit above it. Canada's figure is dated 2026-06-12 and Spain's 2025-12-31, so the two rates come from different data vintages.

Crypto Tax

Crypto Tax, side by side
CountryRateSource
Canada27.4%Source: Canada Revenue Agency — Guide for cryptocurrency users and tax professionals · as of 2023-12-13
Spain30%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−2.6 ppSpain higher

Spain's crypto tax rate is 2.6pp higher than Canada's (30% vs 27.4%). The 88-country average is 13%: both sit above it. Canada's figure is dated 2023-12-13 and Spain's 2025-01-01, so the two rates come from different data vintages.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Canada0%Source: PWC Worldwide Tax Summaries — Canada (Individual, Other taxes) · as of 2026-06-12
Spain3.5%Source: PWC Worldwide Tax Summaries — Spain (Individual, Other taxes) · as of 2025-12-31
Difference−3.5 ppSpain higher

Spain's wealth tax rate is 3.5pp higher than Canada's (3.5% vs 0%). The 193-country average is 0.1%: Canada sits below it, Spain sits above it. Canada's figure is dated 2026-06-12 and Spain's 2025-12-31, so the two rates come from different data vintages.