Rates of Income Tax for Residents in Canary Islands 2022 & 2023
For residents of Canary Islands only
Rates of Income tax (General Base) 2022 & 2023 Canary Islands
| From-Up to (2022) | Rate of tax | From-Up to (2023) | Rate of tax |
|---|---|---|---|
| 0,00 – 12.450,00 | 18,50% | 0,00 – 12.450,00 | 18,50% |
| 12.450,00 – 13.010,00 | 21,00% | 12.450,00 – 13.010,00 | 21,00% |
| 13.010,01 – 18.468,00 | 23,50% | 13.010,01 – 18.468,00 | 23,50% |
| 18.468,01 – 20.200,00 | 26,00% | 18.468,01 – 20.200,00 | 26,00% |
| 20.200,01 – 34.327,00 | 29,00% | 20.200,01 – 34.327,00 | 29,00% |
| 34.327,21 – 35.200,00 | 33,50% | 34.327,21 – 35.200,00 | 33,50% |
| 35.200,01 – 55.276,00 | 37,00% | 35.200,01 – 55.276,00 | 37,00% |
| 55.276,01-60.000,00 | 42,00% | 55.276,01-60.000,00 | 42,00% |
| 60.000,01 – 90.000,00 | 46,00% | 60.000,01 – 90.000,00 | 46,00% |
| 90.000,01 – 120.000,00 | 47,50% | 90.000,01 – 120.000,00 | 47,50% |
| 120.000,00 – 300.000,00 | 48,50% | 120.000,00 – 300.000,00 | 48,50% |
| More than 300.000,00 | 50,50% | More than 300.000,00 | 50,50% |
Rates of Income tax (Savings Base) 2022 & 2023 Canary Islands
| From-Up to (2022) | Rate of tax | From-Up to (2023) | Rate of tax |
|---|---|---|---|
| 0,00 – 6.000,00 | 19,00% | 0,00 – 6.000,00 | 19,00% |
| 6.000,01 – 50.000,00 | 21,00% | 6.000,01 – 50.000,00 | 21,00% |
| 50.000,01 – 200.000,00 | 23,00% | 50.000,01 – 200.000,00 | 23,00% |
| More than 200.000 | 26,00% | 200.000,01 – 300.000 | 27,00% |
| More than 300.000 | 28,00% |
The most usual items to apply this last table are the following: capital gains, interest, dividends & life insurances.
Last updated Jan. 28, 2023.