WELL OFF!: Spain’s richest areas – by personal income tax paid

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SPAIN’S tax agency has published figures showing which areas paid the most personal income tax in 2016.

The statistics show residents in Madrid, Barcelona and Pozuelo de Alarcon-  a suburb of Madrid – paid the most tax.

Disposable income varied dramatically across the country, with residents in Madrid city having an average of €29,400, compared to the national average of €25,086, and €16,333 in Extremadura.

In the affluent northern Madrid urbanisation of La Moraleja, residents had an average disposable income of €113,000. This is followed by the Barcelona suburb of Vallvidrera-Tibidabo i Les Planes, where average income reaches €65,700.

Published by
Euro Weekly News

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