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- 1Spain: An attractive country for investment
- 2Setting up a business in Spain
- 3 Tax System
- 4 Investment aid and incentives in Spain
- 5 Labor and social security regulations
- 6 Intellectual property law
- 7Legal framework and tax implications of e-commerce in Spain
- AI Annex I Company and Commercial Law
- AIIAnnex II The Spanish financial system
- AIIIAnnex IIIAccounting and audit issues
- Español
- English

- Introduction
- Central government taxes
- Corporate income tax
- Personal income tax
- Nonresident income tax
- Wealth tax
- Inheritance and Gift Tax
- Spanish Value Added Tax
- Transfer and stamp tax
- Excise and special taxes
- Custom duties on imports
- Tax on insurance premiums
- Reporting obligations relating to assets and rights abroad
- Special regimes of certain autonomous communities
- Local taxes
- Exhibit I - Corporate income tax incentives for investment
- Exhibit II - Treaty tax rates
- Exhibit III - Practical examples
- Exhibit IV - Case of Application of the Regime for foreign-securities holding companies (ETVE)...
- Exhibit V - Nonresident case study: Income obtained without a permanent establishment
- Exhibit VI - VAT case study
2. Central government taxes
2.9 Custom duties on imports
Most customs duties levied in Spain are standard-rate duties which are generally payable on imports when the goods clear customs. With very few exceptions the duties are “ad valorem”, i.e. on CIF or similar invoice value. The rest are minor customs duties relating to storage and deposit rights and the sale of abandoned goods.
The “Harmonized Goods Classification System” and the European Economic Community (“EEC”)37 Tariff (TARIC) have been in force in Spain since 1987. Also, since Spain’s accession to the European Economic Community, only the exemptions established by the European Economic Community have been applicable.
37 Currently the European Union.