Do Spaniards pay the highest taxes in Europe? Check out
The Centre for Sociological Research (CIS) has uncovered interesting insights into what Spaniards think about their country’s tax system.
While 37.7% of Spaniards believe they pay a lot in taxes, 48.2% consider the figure regular and 11.2% believe they pay less, according to the study published on Thursday.
77.4% of Spaniards surveyed indicated they do not believe taxes are collected fairly in the country, while over 88.6% raised concerns over tax fraud.
Spaniards View On Public Services And Social Benefits
While 30.8% of respondents believe they pay more taxes than those in more advanced countries in Europe, 18.3% believe they pay the same and 41.3% said there is less tax burden.
Meanwhile, 19.7% of Spaniards said they believe there is justice in the payment of taxes, but 77.4% indicated taxes are not collected fairly and those who have the most do not pay.
Considering existing public services and social benefits, 48.3% of respondents said society benefits little or nothing from what is paid to the administration in taxes and contributions.
While 59.1% claim they receive less from the administration, 29.9% emphasise they receive more or less similar to what they pay and just 9.1% believe they receive more from the administration.
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Understanding The Spanish Tax System
If you are someone living and working in Spain, it’s important to understand the country’s tax system and become familiar with the rates to avoid confusion.
The numbers will depend on your residency, whether you own a property and what other investments you have. Rates can vary across Spain but a brief general idea will keep you going.
If you are someone who has been living in the country for 183 days or more in a calendar year, you are a Spanish resident and must pay tax on your worldwide income, subject to conditions.
But if you stay in Spain for less than 183 days in a calendar year, you are a non-resident and need to pay taxes just on your Spanish income.