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 per year the minimum amount for general taxpayers.

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

• Additional €1,540 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

• 2,970 € per year for the second descendant.

• €4,400 per year for the third offspring.

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

Tax-free threshold for ascendants

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

• Plus €1,540 annually for each ascendant over 75 years of age.

Minimum for disability of the taxpayer and of ascendants or descendants

• €3,300 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 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 per year 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%.