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Spain leads in tax revenue increase in Europe; Italy comes in fourth.

A bulletin from the Ministry of Economy shows a 10,4% increase in Spain and a 2,1% increase in Italy, slowed by measures to combat energy costs.

Spain leads in tax revenue increase in Europe; Italy comes in fourth.
Spain leads in tax revenue growth in Europe; Italy comes in fourth. Photo: reproduction / Il Sole 24 Ore.

Spain had the largest increase in tax revenue among the European countries analyzed in the first half of 2026, with a rise of 10,4% compared to the same period of the previous year. The United Kingdom comes next, with 8,4%, and France in third place, with 3,2%. Italy appears in fourth place, with 2,1%, ahead of Portugal (1,9%) and Ireland (1,2%), while Germany closes the list with 0,8%, according to the newspaper Il Sole 24 Ore.

The data comes from the international tax revenue bulletin of the Italian Ministry of Economy and Finance, compiled using figures published monthly by the tax authorities of each country. All the countries analyzed experienced growth in the collection of value-added tax, the European equivalent of the ICMS (Brazilian state sales tax) plus consumption taxes in Brazil.

In Italy, the gap with Madrid, London, and Paris is mainly attributed to government measures against rising energy costs. Among indirect taxes, VAT (3,7%), registration tax (1,8%), and stamp duty (5,2%) increased, but taxes on electricity (14,9% less) and mineral oils (9,5% less) fell. Among direct taxes, income tax rose 2,1% and corporate tax 4,1%.

Read also Italians have already donated 525 million euros to fight coronavirus

Read the original article in Italian in the newspaper. Il Sole 24 Ore .

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