Autonomous Community of the Balearic Islands

Regulations: Art. 2 of the Revised Text of the Legal Provisions of the Autonomous Community of the Balearic Islands on Taxes Transferred by the State, approved by Legislative Decree 1/2014, of June 6

Residents of the Autonomous Community of the Balearic Islands will apply the following amounts as taxpayer minimums, for descendants, for ascendants and for autonomous disability:

Taxpayer tax-free threshold

• 6,105 euros per year for the amount of the minimum for general taxpayers

• Plus 1,265 euros per year per taxpayer over 65 years of age.

• Additionally 1,540 euros per year per taxpayer over 75 years of age.

Minimum for the second, the minimum for the third and the minimum for the fourth and following descendants

• 2970 euros per year for the second child.

• 4,400 euros per year for the third descendant.

• 4,950 euros per year for the fourth and subsequent descendants.

Tax-free threshold for ascendants

• 1,265 euros per year for each ascendant over 65 years of age or with a disability.

• Plus 1,540 euros per year for each ascendant over 75 years of age.

Minimum for disability of the taxpayer and of ascendants or descendants

• 3,300 euros per year for each taxpayer, ascendant or descendant, when the person has a degree of disability equal to or greater than 33% and less than 65%.

• 9,900 euros per year for each taxpayer, ascendant or descendant, when the person has a degree of disability equal to or greater than 65%.

• Plus 3,300 euros per year for each taxpayer, ascendant or descendant who proves that they need help from third parties or have reduced mobility, or a degree of disability equal to or greater than 65%.

For taxpayers who died before November 26, 2023

Taxpayer tax-free threshold

• €6,105 per year in general.

• Plus €1,265 per year for taxpayers over 65 years of age.

• Additionally €1,540 per year per taxpayer over 75 years of age.

Minimum for the third, fourth and subsequent descendants

• €4,400 per year for the third descendant who generates the right to apply the minimum for descendants.

• €4,950 per year for the fourth and subsequent descendants.

Allowance for disability

• €3,300 per year when the person has a disability level equal to or greater than 33% and less than 65%.

• €9,900 per year when the person has a disability of 65% or more.

• Plus €3,300 per year for each taxpayer, ascendant or descendant who proves that they need help from third parties or have reduced mobility, or a degree of disability equal to or greater than 65%.