Community of Madrid

Regulations: Articles 2, 2 bis, 2 ter and 2 quater of the Revised Text of the legal provisions of the Community of Madrid on taxes transferred by the State, approved by Legislative Decree 1/2010, of October 21

Residents of the Community of Madrid will apply the following amounts as taxpayer minimums, for ascendants and for autonomous disability:

Taxpayer tax-free threshold

• €5,956.65 per year in general.

• Plus €1,234.26 per year per taxpayer over 65 years of age.

• Additional €1,502.58 per year per taxpayer over 75 years of age.

Tax-free threshold for ascendants

• €1,234.26 per year for each ascendant over 65 years of age.

• Plus €1,502.58 annually for each ascendant over 75 years of age.

Minimum for disability of the taxpayer and ascendants

• €3,219.81 per year for each taxpayer or ascendant, when the person has a disability level equal to or greater than 33% and less than 65%.

• €9,659.44 per year for each taxpayer or ascendant, when the person has a disability equal to or greater than 65%.

• Plus €3,219.81 annually for each taxpayer or ascendant who proves to need assistance from third parties or reduced mobility, or a degree of disability equal to or greater than 65%.