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Practical manual for Income Tax 2023.

Autonomous Community of the Balearic Islands

Taxpayers who in 2023 had their habitual residence in the territory of the Autonomous Community of the Balearic Islands will be able to apply the following regional deductions:

  1. For certain investments to improve sustainability in habitual housing
  2. For renting a habitual residence in the territory of the Balearic Islands
  3. For certain subsidies and aid granted due to a declaration of an area seriously affected by a civil protection emergency
  4. To offset the increase in the cost of loans or mortgage credits with variable interest rates (temporary deduction)
  5. For obtaining subsidies or aid to alleviate the impact caused by inflation during the year 2023
  6. For textbook acquisition costs
  7. For extracurricular foreign language learning expenses
  8. To pursue higher education studies outside the island of habitual residence
  9. For leasing of real estate in the territory of the Balearic Islands intended for housing (landlord deduction)
  10. For rental of housing in the territory of the Balearic Islands derived from the temporary transfer of residence for work reasons
  11. For donations to certain entities aimed at research, scientific or technological development, or innovation
  12. Through donations, transfers of use or loan contracts and business collaboration agreements, relating to cultural, scientific and technological development patronage and cultural consumption
  13. For donations, assignments of use or bailment contracts and collaboration agreements, related to sports patronage
  14. For donations to certain entities whose purpose is to promote the Catalan language
  15. For donations to third sector entities
  16. For taxpayers with physical, sensory or mental disabilities or descendants with this condition
  17. For expenses related to descendants or foster children under six years of age for conciliation reasons
  18. By birth
  19. By adoption
  20. By investment in the acquisition of shares or social participations of new or recently created entities