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{{ANEObra|Serie=Monographs from the National Atlas of Spain|Logo=[[File:Logo_Monografía.jpg|left|50x50px|link=]]|Título=The COVID-19 pandemic in Spain|Subtítulo=First wave: from the first cases to the end of June 2020|Año=2021|Contenido=New content}}

{{ANENavegacionCapitulo (monografía COVID-19)|estructura=[[Estructura temática (monografía COVID-19)|Estructura temática]]|seccion=[[Social,_economic_and_environmental_effects|Social, economic and environmental effects]]|capitulo=Public Finance}}

The impact of the pandemic on revenue may be assessed by taking two aspects into account. First, the evolution of tax collection before and during the health crisis. Second, the uneven geographical patterns of said tax collection as a result of the different productive and business structure in the various Spanish regions and thus the dissimilar income levels of citizens.

These graphs are displayed together with four maps showing the amount of taxes collected in each region in 2020 for each of the different taxes, as well as the variation in the amount of taxes collected from 2019 to 2020.

The first topic to be assessed is the overall tax revenue for the Public Treasury, considering the Personal Income Tax, the Value Added Tax, the Corporate Income Tax and the special taxes on alcohol, tobacco and fuel. The graph on the Evolution in tax revenue for the Public Treasury shows a steady increase in tax collection from 2010 to 2019 as a result of the gradual recovery in Spain from the double economic crisis back in 2008-2013. This increase in revenue speeded up from 2017 onwards when Spain finally broke free of the economic hangover left by the 2008-2013 recessions.

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The other maps break down these aggregate figures into each of the three main tax revenues. There is a general upward trend in revenue from Value Added Tax after 2010, which becomes more evident after 2016 and then takes a significant downturn in 2020. The regional distribution of the total revenue collected clearly shows the ‘headquarters effect’ in the Region of Madrid (Comunidad de Madrid) and Catalonia (Catalunya/Cataluña) [especially Barcelona], whose many large corporations bred negative revenue variations and, therefore, paid less tax, as well as the Basque Country (Euskadi/País Vasco). Once again, the regions of Murcia, Navarre (Navarra) and Cantabria followed positive trends, highlighting their crucial economic role as suppliers of essential agri-food goods in times of crisis. Together with the Basque Country (Euskadi/País Vasco), these three regions are the only ones to show increased revenues in a regressive national context that registered an average drop of 11.5%. At the opposite end of the scale are the two island regions, i.e. the Balearic Islands (Illes Balears) and the Canary Islands (Canarias), with falls of over 20% due to tourism vanishing from sight during strict lockdown and the subsequent travel restrictions.

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</ul></div>An overall assessment of these figures allows sketching some general lines of interpretation. Firstly, the high degree of specialisation in tourism in the Balearic Islands (Illes Balears) and the Canary Islands (Canarias) extended throughout their entire economic and social structures, including employment. This factor seriously limited the capacity of the public administrations to act by undermining their budgetary resources. Secondly, and conversely, diversified regional economies, such as the Region of Murcia (Región de Murcia), Navarre (Navarra), Cantabria and Extremadura, where industry and the agri-food sector account for a sizeable part of the productive structure, proved more resilient to the impacts of the pandemic. Consequently, more attention shall be paid to the productive sectors that are truly essential for the smooth running of society. Thirdly, the difficulties observed in industrial regions, such as Catalonia (Catalunya/Cataluña) and the Basque Country (Euskadi/País Vasco), and those hinged on the tertiary economy, such as the Region of Madrid (Comunidad de Madrid), were probably derived from their intense insertion and, therefore, increased exposure to global economic flows. Furthermore, for the Region of Madrid (Comunidad de Madrid) and Catalonia (Catalunya/Cataluña) [more specifically Barcelona], being the headquarters of large corporations at a time when many were returning negative results entailed significant effects on tax revenue.

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