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Economy > Tax > Taxes on income Stats: compare key data on Italy & Spain

Definitions

  • Profits and capital gains > % of revenue: Taxes on income, profits, and capital gains are levied on the actual or presumptive net income of individuals, on the profits of corporations and enterprises, and on capital gains, whether realized or not, on land, securities, and other assets. Intragovernmental payments are eliminated in consolidation.
  • Profits and capital gains > % of total taxes: Taxes on income, profits, and capital gains are levied on the actual or presumptive net income of individuals, on the profits of corporations and enterprises, and on capital gains, whether realized or not, on land, securities, and other assets. Intragovernmental payments are eliminated in consolidation.
  • Profits and capital gains > Current LCU: Taxes on income, profits, and capital gains are levied on the actual or presumptive net income of individuals, on the profits of corporations and enterprises, and on capital gains, whether realized or not, on land, securities, and other assets. Intragovernmental payments are eliminated in consolidation."
  • Profits and capital gains including income tax > % of revenue: Taxes on income, profits, and capital gains are levied on the actual or presumptive net income of individuals, on the profits of corporations and enterprises, and on capital gains, whether realized or not, on land, securities, and other assets. Intragovernmental payments are eliminated in consolidation."
  • Profits and capital gains including income tax > % of total taxes: Taxes on income, profits, and capital gains are levied on the actual or presumptive net income of individuals, on the profits of corporations and enterprises, and on capital gains, whether realized or not, on land, securities, and other assets. Intragovernmental payments are eliminated in consolidation."
STAT Italy Spain HISTORY
Profits and capital gains > % of revenue 32.52%
Ranked 13th. 20% more than Spain
27.12%
Ranked 25th.

Profits and capital gains > % of total taxes 54.4%
Ranked 9th.
59.67%
Ranked 5th. 10% more than Italy

Profits and capital gains > Current LCU 208 billion
Ranked 23th. 3 times more than Spain
76.88 billion
Ranked 40th.

Profits and capital gains including income tax > % of revenue 35.24%
Ranked 16th. 25% more than Spain
28.16%
Ranked 30th.

Profits and capital gains including income tax > % of total taxes 58.65%
Ranked 10th.
65.96%
Ranked 5th. 12% more than Italy

SOURCES: World Development Indicators database; International Monetary Fund, Government Finance Statistics Yearbook and data files.

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