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 yearby the amount of the minimum per general taxpayer.

• 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

• 2,970 euros per yearby the second descendant.

• 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 yearfor each taxpayer, ascendant or descendant, when he or she is a person with a degree of disability equal to or greater than 33 percent and less than 65 percent.

• 9,900 euros per yearfor each taxpayer, ascendant or descendant, when he or she is a person with a degree of disability equal to or greater than 65 percent.

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