IGI collections hit €47.94M in Q3 2025 with 13.9% base growth; 2024 income taxes show strong rises in

Andorra's General Indirect Tax (IGI) brought in €47.94 million during the third quarter of 2025, covering domestic collections, imports and property transfers, according to the Statistics Department.

For self-assessments in the quarter, the charged IGI base reached €1,929.69 million, a 13.9% increase from Q3 2024. The charged amount totalled €77.69 million, up 13.5%. The borne base stood at €1,342.60 million, reflecting an 8% year-on-year rise, with the borne amount at €55.52 million, a gain of 8.3%.

Several other taxes posted strong results. The tax on income of non-residents (IRNR), which targets individuals or entities earning income in Andorra without residency, recorded a taxable base of €41.39 million, up 17.3%, with settlements of €2.40 million. Property transfer tax (ITP) generated €4.26 million, a 76.1% surge, while capital gains settlements amounted to €8.06 million, up 44.6%. The tax on foreign real estate investment contributed €2.89 million.

Turning to full-year 2024 figures, personal income tax (IRPF) saw 28,155 declarations filed, 3.2% more than in 2023. The general taxable base climbed 8.8% to €1,374.81 million, and the settlement base after deductions rose 13.2% to €738.83 million. Total settlements reached €70.78 million, a 23.9% increase.

Corporate income tax (IS) filings totalled 10,206, up 1.6%. Positive taxable bases amounted to €1,697.36 million, a 19% rise, while negative bases were -€357.69 million. Settlements for the year hit €133.46 million, up 39.7% year-on-year.