News brief · Taxation
Spain: the large fortunes tax extended into 2026
The Spanish solidarity tax on large fortunes, presented as temporary when it was created, has been extended. It targets high-value estates and cancels out the allowances that some autonomous communities applied to wealth tax.
By Editorial team · on August 27, 2026
What the solidarity tax hits
The temporary solidarity tax on large fortunes is a Spanish national levy on the net wealth of individuals. It applies above a threshold of more than €3,000,0001.
It coexists with the traditional wealth tax, which is a tax ceded to the autonomous communities. The solidarity tax comes on top: whatever has been paid under the former is credited against the latter.
This crediting mechanism is the core of the scheme. An autonomous community that fully exempts wealth tax no longer reduces its residents' burden: the national tax takes over, and the revenue goes to the state instead of the community.
The Community of Madrid, which applied a full allowance on wealth tax, is the first target of this logic. This is a decisive point for anyone choosing between Madrid and another community.
What its extension means
The tax was presented as temporary when it was created, for two financial years. Its successive extensions have changed its nature in practice: it has become a lasting component of Spanish wealth taxation.
For anyone considering a move, the consequence is clear. A plan built on the assumption that the levy will soon expire rests on a forecast, not on a text, and choosing an autonomous community solely for its exemption policy has lost most of its appeal above the threshold.
Below the threshold, on the other hand, the difference between autonomous communities remains intact, and it is significant. The choice of region therefore remains fully relevant for mid-sized estates.
It is also worth stressing what the tax does not target. It is levied on net wealth, after deduction of debts, and not on gross wealth: a property financed with a loan enters the tax base only up to its net value. This makes a considerable difference for a household that has recently moved and is still in debt.
We do not publish the solidarity tax scale, the allowance applicable to the main residence or the exact length of the extension in force: we have not been able to verify them in an up-to-date official Spanish source. They must be confirmed with the Agencia Tributaria.
What to check
- Determine whether you are a Spanish tax resident, a status acquired in particular through a presence of more than more than 183 days2.
- List your worldwide net wealth, since a resident is taxed on all of their assets, wherever they are located.
- Check your autonomous community's wealth tax policy, and the effect of the crediting mechanism.
- Examine the effect of the regime for posted workers, under which the beneficiary is taxed under the non-resident regime for 6 years3.
- Handle the departure from France according to its own criteria, as the French exit tax may apply to unrealised capital gains.
The fourth point deserves attention: an inbound worker under the posted workers regime is taxed in Spain only on assets located in Spain, which considerably changes the wealth tax base for the duration of the regime.
What remains uncertain
The scheme has been challenged before the Constitutional Court by autonomous communities contesting the encroachment on their tax powers. The outcome of this litigation is something to follow for anyone settling above the threshold.
This levy should also be seen in the context of Spanish taxation as a whole. The general income tax scale reaches 47%4 at its top marginal rate, and the savings base is taxed at 19%5 to 30%6.
The posted workers regime, which applies 24%7 below a threshold of €600,0008, remains the main mitigation tool, but it is limited in time and conditional on a recent move.
The practical conclusion is that, for a large estate, Spain is not the low-tax destination its reputation for quality of life might suggest. It is chosen for other reasons, and its wealth taxation should be costed before moving, not after.
Please note
Sources and verification dates
- 1.
Spain: wealth threshold of the temporary solidarity tax on large fortunes : €3,000,000
« Artículo 3. Impuesto Temporal de Solidaridad de las Grandes Fortunas. — Uno. Naturaleza y objeto del Impuesto. El Impuesto Temporal de Solidaridad de las Grandes Fortunas es un tributo de carácter directo, naturaleza personal y complementario del Impuesto sobre el Patrimonio que grava el patrimonio neto de las personas físicas de cuantía superior a 3.000.000 de euros. […] Tres. Hecho imponible. Constituirá el hecho imponible del impuesto la titularidad por el sujeto pasivo en el momento del devengo de un patrimonio neto superior a 3.000.000 de euros. — Ley 38/2022, de 27 de diciembre, art. 3 (texte consolidé, BOE). »
boe.esVerified on Nov 2, 2026Verified source
- 2.
Spain: annual presence that establishes habitual residence : 183 days
« Que permanezca más de 183 días, durante el año natural, en territorio español. Para determinar este período de permanencia en territorio español se computarán las ausencias esporádicas, salvo que el contribuyente acredite su residencia fiscal en otro país. »
boe.esVerified on Nov 2, 2026Verified source
- 3.
Spain, regime for posted (inbound) workers: period of application : 6 years
« Las personas físicas que adquieran su residencia fiscal en España como consecuencia de su desplazamiento a territorio español podrán optar por tributar por el Impuesto sobre la Renta de no Residentes, con las reglas especiales previstas en el apartado 2 de este artículo, manteniendo la condición de contribuyentes por el Impuesto sobre la Renta de las Personas Físicas, durante el período impositivo en que se efectúe el cambio de residencia y durante los cinco períodos impositivos siguientes »
boe.esVerified on Nov 2, 2026Verified source
- 4.
Spain: top marginal rate of the general IRPF scale : 47%
« Artículo 63. Escala general del Impuesto. — 1.º […] Base liquidable — Tipo aplicable : Hasta 12.450,00 — 9,50 ; 12.450,00 – 20.200,00 — 12,00 ; 20.200,00 – 35.200,00 — 15,00 ; 35.200,00 – 60.000,00 — 18,50 ; 60.000,00 – 300.000,00 — 22,50 ; En adelante — 24,50 — LIRPF, art. 63 (échelle de l'État ; l'échelle autonomique, art. 74, s'y ajoute : avec l'échelle de référence de 24,50 % le taux marginal cumulé est de 47 % au-delà de 300 000 €, mais chaque communauté autonome fixe la sienne, de 45 % à 54 %). »
boe.esVerified on Nov 2, 2026Verified source
- 5.
Spain: rate of the first bracket of the savings income schedule : 19%
« Artículo 66. Tipos de gravamen del ahorro. — 1.º A la base liquidable del ahorro se le aplicarán los tipos que se indican en la siguiente escala: Hasta 6.000 — 9,5 ; 6.000,00 – 50.000,00 — 10,5 ; 50.000,00 – 200.000,00 — 11,5 ; 200.000,00 – 300.000,00 — 13,5 ; En adelante — 15. Artículo 76. Tipo de gravamen del ahorro [part autonomique] — même barème : 9,5 / 10,5 / 11,5 / 13,5 / 15. — LIRPF, art. 66 et 76 : taux cumulés 19 / 21 / 23 / 27 / 30 %. »
boe.esVerified on Nov 2, 2026Verified source
- 6.
Spain: top rate of the savings income schedule : 30%
« Artículo 66 […] 200.000,00 – 300.000,00 — 13,5 ; En adelante — 15 ; Artículo 76 — même barème — LIRPF, art. 66 et 76 : taux cumulés 27 % de 200 000 à 300 000 € et 30 % au-delà de 300 000 €. »
boe.esVerified on Nov 2, 2026Verified source
- 7.
Spain, regime for posted (inbound) workers: rate applicable below the threshold : 24%
« Para la determinación de la cuota íntegra: 1.º A la base liquidable, salvo la parte de la misma correspondiente a las rentas a que se refiere el artículo 25.1.f) del texto refundido de la Ley del Impuesto sobre la Renta de no Residentes, se le aplicarán los tipos que se indican en la siguiente escala: Base liquidable – Euros Tipo aplicable – Porcentaje Hasta 600.000 euros. 24 »
boe.esVerified on Nov 2, 2026Verified source
- 8.
Spain, regime for posted (inbound) workers: tax base above which the higher rate applies : €600,000
« Artículo 93 — 2. […] se le aplicarán los tipos que se indican en la siguiente escala: Base liquidable — Hasta 600.000 euros : 24 ; Desde 600.000,01 euros en adelante : 47 — LIRPF, art. 93. »
boe.esVerified on Nov 2, 2026Verified source