Autonomous Community of the Canary Islands

Regulations: Art . 18 ter Consolidated Text of the current legal provisions issued by the Autonomous Community of the Canary Islands on transferred taxes, approved by Legislative Decree 1/2009, of April 21

Residents of the Canary Islands Autonomous Community will apply the following amounts as minimum taxpayer benefits for descendants, ascendants, and disabilities:

Taxpayer tax-free threshold

• €5,606 per year in general

• Plus €1,162 per year per taxpayer over 65 years of age.

• Additionally, €1,414 per year per taxpayer over 75 years of age.

Minimum per descendant s

• €2,424 per year for the first descendant.

• €2,727 per year for the second.

• €4,040 per year for the third.

• €4,545 per year for the fourth and subsequent periods.

When the descendant is under three years of age , the amount corresponding to the minimum for descendants, as indicated in this article, will be increased by €2,828 per year .

Tax-free threshold for ascendants

• €1,162 per year .

• Plus €1,414 annually for each ascendant over 75 years of age.

Minimum for disability of the taxpayer and of ascendants or descendants

• €3,030 per year for each taxpayer, ascendant or descendant, when the person has a disability level equal to or greater than 33% and less than 65%.

• €9,090 per year for each taxpayer, ascendant or descendant, when the person has a disability level equal to or greater than 65%.

• Plus €3,030 annually for assistance expenses for each taxpayer, ascendant or descendant who proves to need assistance from third parties or reduced mobility, or a degree of disability equal to or greater than 65%.