GG · EuropeES · Europe
Guernsey vs Spain: tax rates compared
Spain has an income tax rate of 48.6%, 28.6pp above Guernsey's 20%. The 200-country average is 28%: Guernsey sits below it, Spain sits above it.
Verified data covers five of the six tracked tax types for both countries; every rate below is cited to its source and dated.
At a glance
| Tax | GG | ES | Difference |
|---|---|---|---|
| Income Tax | 20% | 48.6% | ES +28.6 pp |
| Corporate Tax | 0% | 25% | ES +25 pp |
| VAT | 0% | 21% | ES +21 pp |
| Capital Gains Tax | 0% | 30% | ES +30 pplargest gap |
| Wealth Tax | 0% | 3.5% | ES +3.5 pp |
Income Tax
| Country | Rate | Source |
|---|---|---|
| Guernsey | 20% | Source: PwC Worldwide Tax Summaries — Guernsey, Channel Islands, Individual - Taxes on personal income · as of 2025-12-17 |
| 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 |
|---|---|---|
| Guernsey | 0% | 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 | −25 pp | Spain higher |
Spain has a corporate tax rate of 25%, 25pp above Guernsey's 0%. The 201-country average is 22.6%: Guernsey sits below it, Spain sits above it.
VAT
| Country | Rate | Source |
|---|---|---|
| Guernsey | 0% | Source: PWC Worldwide Tax Summaries — Guernsey (Individual, Other taxes) · as of 2025-12-17 |
| Spain | 21% | Source: PWC Worldwide Tax Summaries — Spain (Corporate, Other taxes) · as of 2025-12-31 |
| Difference | −21 pp | Spain higher |
Spain has a VAT rate of 21%, 21pp above Guernsey's 0%. The 181-country average is 15%: Guernsey sits below it, Spain sits above it.
Capital Gains Tax
| Country | Rate | Source |
|---|---|---|
| Guernsey | 0% | Source: PwC Worldwide Tax Summaries — Guernsey, Channel Islands, Individual - Income determination · as of 2025-12-17 |
| Spain | 30% | Source: PwC Worldwide Tax Summaries — Spain, Individual - Income determination · as of 2025-12-31 |
| Difference | −30 pp | Spain higher |
Spain has a capital gains tax rate of 30%, 30pp above Guernsey's 0%. The 175-country average is 10.3%: Guernsey sits below it, Spain sits above it.
Wealth Tax
| Country | Rate | Source |
|---|---|---|
| Guernsey | 0% | Source: PWC Worldwide Tax Summaries — Guernsey (Individual, Other taxes) · as of 2025-12-17 |
| Spain | 3.5% | Source: PWC Worldwide Tax Summaries — Spain (Individual, Other taxes) · as of 2025-12-31 |
| Difference | −3.5 pp | Spain higher |
Spain has a wealth tax rate of 3.5%, 3.5pp above Guernsey's 0%. The 193-country average is 0.1%: Guernsey sits below it, Spain sits above it.
Not covered for both countries yet: Crypto Tax.