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 the objective of the tax as the search for efficiency in the use of large assets, contributing to the redistribution of wealth, in a complementary way to the Personal Income Tax. The Wealth Tax is an annual tax, of a direct and personal nature, which taxes the net assets of a natural person 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 2005 fiscal year, summary information has been provided on the items contained in this tax, classified by the sex of the person making the declaration.

As of 2008, a 100% tax credit was established and the formal obligation to file a declaration for the Wealth Tax was eliminated, and consequently, the compilation of statistics has been discontinued until the present time. As of 2011, Royal Decree-Law 13/2011 temporarily reestablishes the obligation to declare.

New

In the 2022 financial year, an additional tax has been introduced, Tax on large fortunes, which is declared in form 718 and which de facto eliminates the existing bonus in form 714, which in the exercise of their regulatory capacity, had been introduced by some autonomous communities. The new state tax is homogeneous for all autonomous communities and the resulting quota is reduced by the quota collected in the wealth tax. A table has been added to the statistics showing the total revenue taxed on assets in the last block of the publication.

Next release: September 2025 (Data for 2023)