Statistics of Wealth Tax payers
The Tax Agency publishes the "Statistics of Wealth Tax payers" based on the tax returns of this tax corresponding to the fiscal year of reference of the statistics. This publication comprises detailed information of the items contained in the return form 714 (Tax Return of the Wealth Tax).
The Wealth Tax is regulated by Law 19/1991, which establishes as the objective of the tax the search for efficiency in the use of large assets, contributing to the redistribution of wealth, in a complementary manner to Personal Income Tax. The Wealth Tax is a tax accrued annually, of a direct and personal nature that taxes the net assets of the individual as of December 31 of each year. By net wealth we understand the collection of goods and rights of economic content of which a taxpayer is a holder reduced in the charges and taxes that decrease its value and the debts and personal duties of which he must answer. It is a tax of individual character.
The statistic shows the structure of the wealth of taxpayers, distinguishing six kinds of goods and duties that are susceptible to financial valuation: real properties, goods linked to economic activity, capital gain goods, insurances and incomes, luxury goods and other goods and economic rights. There is also a following level with a total of 18 breakdowns of the goods categories mentioned.
In compliance with this commitment, since the statistical publication of the fiscal year 2005, summarized information is provided on the items contained in said tax classified by sex of the reporting person.
As of 2008, a 100% bonus was established and the formal obligation to submit a declaration for the Wealth Tax was eliminated, and consequently, the preparation of the statistics is interrupted until the current moment. As of 2011, RDL 13/2011 temporarily reestablishes the obligation to declare.
Next release September 2024 (Data from 2022)