Spain and Italy are the most taxed OECD countries.

Spain has become the country with the highest real estate taxes among private assets. It ranks second after Italy among developed member countries of the Organization for Economic Cooperation and Development (OECD).

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This is due to tax reforms in recent legislation that have seen Spain move from 33rd place in 2020 to 37th place in 2022 on the Tax Foundation's International Tax Competitiveness Index. This represents a lag of four places in just two years according to the rankings of the prestigious US research organization.

The experts arrived at these results by analyzing and comparing the tax base and set of property taxes in force in the system