Members of our chair and researchers from the EvalPub research group —Rubén Amo, Rafael Granell, and Amadeo Fuenmayor— address in this article the situation of the imposition on wealth in Spain and simulate, for 2022, the new Temporary Solidarity Tax on Great Fortunes.
The article has been published in issue 58 of the Journal of Regional Research.
The Temporary Solidarity Tax on Great Fortunes entered into force in Spain in late 2022. Managed at national level and complementary to the Wealth Tax, this tax will seek to harmonise the charges on riches in all autonomous communities under the common regime.
In this paper the taxation of wealth in Spain is analysed, as well as the reform proposals put forward to date. The new state tax is estimated using microsimulation techniques for the year 2022, with the aim of obtaining the main revenue effects that its implementation will have. Its impact will be unequal between autonomous communities due to the existing differences in the regional regulations of the Wealth Tax.
