Investor Presentaiton
Tax comparison
The Community of Madrid's policy on regional taxes aims at a flexible tax regime that favors the creation of
companies and economic dynamism. In this sense, Madrid applies bonuses / deductions on certain key taxes
such as Patrimony, Patrimonial Transmissions or Documented Legal Acts, while maintaining tax collection at
high levels thanks to the business-friendly ecosystem.
It should be noted that the tax rates and deductions shown in the following table are of general application.
However, the tax regulation establishes other deductions with a more residual application.
Comunidad of Madrid
Catalonia
Andalusia
Castile and Leon
PIT
Wealth tax
Tax rate
Only taxed over
18.5-43.5%
700,000 €
Tax rate
Tax rate
Discount of 100%
7.65-34%
21.5-48%
500,000 €
0.21-2.75%
7-32%
19.5-48%
700,000 €
0.24-3.03%
7.65-36.50%
Inheritance tax
Groups I y II: 99%;
Bonuses
Group III: 10-15% Groups I y II: 99%-20%
Inheritance and Gift tax
Gift tax
WTT
Tax rate
Bonuses
Tax rate
7.65-34%
Groups I y II: 5-9%
Groups I y II: 1.000.000€*;
Group III y IV disabled
people: 250.000€*
7.65-36.50%
19-44%
700,000 €
0.2-2.5%
7.65-34%
Groups I y II: 100-
80%
7.65-34%
Groups I y II: 99%;
Group III: 10-15%
6%
Wealth Transfer Tax and
Stamp Duty
SD
Tax rate
0.75%
10-11%
8-9-10%
8-10%
1.50%
1.50%
1.50%
*Maximum deductible amount
Source: Community of Madrid.
21View entire presentation