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Milei advances in Central Bank reform to prohibit unbacked issuanceCustoms Surveillance incorporates two patrol boats seized from Libyan mercenaries to fight drug traffickingTreasury did not collect 53% more in Income Tax 2025: the viral calculation errorThe Reserve Bank of New Zealand raises rates to 2.50% and sees inflation near its peakThe IMV is not granted solely for earning less than 723 euros: requirements and the obligation to file a tax returnGoldman Sachs and Bankinter bet on Indra, BBVA and Naturgy for the second halfMilei advances in Central Bank reform to prohibit unbacked issuanceCustoms Surveillance incorporates two patrol boats seized from Libyan mercenaries to fight drug traffickingTreasury did not collect 53% more in Income Tax 2025: the viral calculation errorThe Reserve Bank of New Zealand raises rates to 2.50% and sees inflation near its peakThe IMV is not granted solely for earning less than 723 euros: requirements and the obligation to file a tax returnGoldman Sachs and Bankinter bet on Indra, BBVA and Naturgy for the second half

Tax revenue

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Economy

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.

Álvaro Sáez Ferrer · 8 July 2026