Dividend tax in Spain 2026

Dividends go into Spain's savings box and climb a five-step scale — 19% on the first €6,000 up to 30% above €300,000 — the same treatment as interest and capital gains.

A 19% withholding is taken at source as an advance, then trued up in your return against the scale.

At a glance

top rate: 30% above €300,000 of savings income
entry band: 19% on the first €6,000
tax year basis: Calendar year
filing deadline: Early April – 30 June
residency basis: Covers Spanish and foreign dividends of residents
regime flag: Savings scale is fully national — no regional variation

Rates

Savings income scale — dividends, interest, gains (2026)

Band (EUR)	Rate on this band	Note
0 – 6,000	19%
6,001 – 50,000	21%
50,001 – 200,000	23%
200,001 – 300,000	27%
Over 300,000	30%	Top rate was 28% before 2025

Marginal rates apply within each band.

Thresholds & allowances

Custody feesDeductible
Fees paid for share custody to qualifying institutions reduce taxable dividend income

Residency

Residency trigger

Residents owe the savings scale on dividends from anywhere in the world, with a credit for foreign withholding under treaties or Spain's unilateral rules.

Non-resident treatment

Non-residents pay a 19% final withholding on Spanish dividends, before any treaty reduction.

Notes

All savings income pools together — dividends stack on top of your interest and gains when climbing the scale.
There is no separate dividend-free allowance; the 19% opening band is the only softener.
Losses from other savings-box investments can absorb dividend income only within the box's offset limits (up to 25% cross-category).

FAQ

How much tax do I pay on dividends in Spain?

Between 19% and 30% on the savings scale — 19% on your first €6,000 of total savings income, reaching 30% only above €300,000.

Is Spanish dividend withholding final?

Not for residents — the 19% taken at source is an advance credited in your return. For non-residents it is final, subject to treaty cuts.

Figures: tax year 2026, compiled from public sources. Not tax advice.

See dividend tax in other countries

Full ranking →