MK · EuropeES · Europe
North Macedonia vs Spain: tax rates compared
Spain has an income tax rate of 48.6%, 38.6pp above North Macedonia's 10%. The 200-country average is 28%: North Macedonia sits below it, Spain sits above it. North Macedonia'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 five of the six tracked tax types for both countries; every rate below is cited to its source and dated.
At a glance
| Tax | MK | ES | Difference |
|---|---|---|---|
| Income Tax | 10% | 48.6% | ES +38.6 pplargest gap |
| Corporate Tax | 10% | 25% | ES +15 pp |
| VAT | 18% | 21% | ES +3 pp |
| Capital Gains Tax | 10% | 30% | ES +20 pp |
| Wealth Tax | 0% | 3.5% | ES +3.5 pp |
Income Tax
| Country | Rate | Source |
|---|---|---|
| North Macedonia | 10% | Source: PWC Worldwide Tax Summaries — North Macedonia (Individual, Taxes on personal income) · as of 2023-01-01 |
| Spain | 48.6% | Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01 |
| Difference | −38.6 pp | Spain higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| North Macedonia | 10% | 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 | −15 pp | Spain higher |
Spain has a corporate tax rate of 25%, 15pp above North Macedonia's 10%. The 201-country average is 22.6%: North Macedonia sits below it, Spain sits above it.
VAT
| Country | Rate | Source |
|---|---|---|
| North Macedonia | 18% | Source: PWC Worldwide Tax Summaries — North Macedonia (Corporate, Other taxes) · as of 2026-07-23 |
| Spain | 21% | Source: PWC Worldwide Tax Summaries — Spain (Corporate, Other taxes) · as of 2025-12-31 |
| Difference | −3 pp | Spain higher |
Spain has a VAT rate of 21%, 3pp above North Macedonia's 18%. The 181-country average is 15%: both sit above it. North Macedonia's figure is dated 2026-07-23 and Spain's 2025-12-31, so the two rates come from different data vintages.
Capital Gains Tax
| Country | Rate | Source |
|---|---|---|
| North Macedonia | 10% | Source: PwC Worldwide Tax Summaries — North Macedonia (Individual, Taxes on personal income) · as of 2026-02-08 |
| Spain | 30% | Source: PwC Worldwide Tax Summaries — Spain, Individual - Income determination · as of 2025-12-31 |
| Difference | −20 pp | Spain higher |
Spain has a capital gains tax rate of 30%, 20pp above North Macedonia's 10%. The 175-country average is 10.3%: North Macedonia sits below it, Spain sits above it. North Macedonia's figure is dated 2026-02-08 and Spain's 2025-12-31, so the two rates come from different data vintages.
Wealth Tax
| Country | Rate | Source |
|---|---|---|
| North Macedonia | 0% | Source: Ministry of Finance of the Republic of North Macedonia — Taxes and Customs · as of 2026-07-18 |
| 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 North Macedonia's 0%. The 193-country average is 0.1%: North Macedonia sits below it, Spain sits above it. North Macedonia's figure is dated 2026-07-18 and Spain's 2025-12-31, so the two rates come from different data vintages.
Not covered for both countries yet: Crypto Tax.