LU · EuropeES · Europe

Luxembourg vs Spain: tax rates compared

Spain's income tax rate is 2.8pp higher than Luxembourg's (48.6% vs 45.8%). 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

0102030405060Income45.8%48.6%Corporate23.9%25%VAT17%21%Capital Gains0%30%Crypto0%30%Wealth Tax0%3.5%
six shared taxes, side by side
Tax LU ESDifference
Income Tax45.8%48.6%ES +2.8 pp
Corporate Tax23.9%25%ES +1.1 pp
VAT17%21%ES +4 pp
Capital Gains Tax0%30%ES +30 pplargest gap
Crypto Tax0%30%ES +30 pp
Wealth Tax0%3.5%ES +3.5 pp

Income Tax

Income Tax, side by side
CountryRateSource
Luxembourg45.8%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−2.8 ppSpain higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Luxembourg23.9%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−1.1 ppSpain higher

Spain's corporate tax rate is 1.1pp higher than Luxembourg's (25% vs 23.9%). The 201-country average is 22.6%: both sit above it.

VAT

VAT, side by side
CountryRateSource
Luxembourg17%Source: PWC Worldwide Tax Summaries — Luxembourg (Corporate, Other taxes) · as of 2026-01-13
Spain21%Source: PWC Worldwide Tax Summaries — Spain (Corporate, Other taxes) · as of 2025-12-31
Difference−4 ppSpain higher

Spain's VAT rate is 4pp higher than Luxembourg's (21% vs 17%). The 181-country average is 15%: both sit above it. Luxembourg's figure is dated 2026-01-13 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
Luxembourg0%Source: PWC Worldwide Tax Summaries — Luxembourg (Individual, Income determination) · as of 2026-01-13
Spain30%Source: PwC Worldwide Tax Summaries — Spain, Individual - Income determination · as of 2025-12-31
Difference−30 ppSpain higher

Spain's capital gains tax rate is 30pp higher than Luxembourg's (30% vs 0%). The 175-country average is 10.3%: Luxembourg sits below it, Spain sits above it. Luxembourg's figure is dated 2026-01-13 and Spain's 2025-12-31, so the two rates come from different data vintages.

Crypto Tax

Spain's crypto tax rate is 30pp higher than Luxembourg's (30% vs 0%). The 88-country average is 13%: Luxembourg sits below it, Spain sits above it. Luxembourg's figure is dated 2018-07-26 and Spain's 2025-01-01, so the two rates come from different data vintages.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Luxembourg0%Source: PWC Worldwide Tax Summaries — Luxembourg (Individual, Other taxes) · as of 2026-01-13
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 Luxembourg's (3.5% vs 0%). The 193-country average is 0.1%: Luxembourg sits below it, Spain sits above it. Luxembourg's figure is dated 2026-01-13 and Spain's 2025-12-31, so the two rates come from different data vintages.