Income Tax Hits Historic Record in 2025 with an Effective Average Rate of 15.1%
The effective average rate of income tax reached 15.1% in 2025, a historic high, with record revenue of €23.297 billion from rate increases.
Economic outlook: GDP, inflation, employment, monetary policy and the decisions that move the Spanish economy.
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The IMV is not automatically granted for earning less than 723 euros. The Social Security requires four conditions and all beneficiaries must file a tax return.
The effective average rate of income tax reached 15.1% in 2025, a historic high, with record revenue of €23.297 billion from rate increases.
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