Tax office in Mallorca
The Partido Popular made scrapping inheritance tax an election pledge.
Government celebrating results of inheritance tax elimination in the Balearics
More than 2,000 families have already benefited.
200 people benefit most from Balearic inheritance tax reform
Inheritance tax was guaranteed revenue for the government regardless of the economic situation.
Luxury homes in Mallorca
The most expensive luxury homes on the island sell for over 11 million. They are located in the urbanisation of Son Vida and the coastal areas of Calvia and Andratx.
At a tax office in Palma, Mallorca
Queuing to make tax declarations at a Tax Agency office in Palma.
Promise of some tax cuts as Balearic government finalises its budget
The Partido Popular and Vox have settled their differences, meaning that the 2024 budget can now be presented.
A Norwegian Cruise Line ship in Palma.
A Norwegian Cruise Line ship in Palma.
Big polluters could be facing bigger taxes.
Big polluters could be facing bigger taxes.
Concerns over new luxury goods tax in the nautical sector.
Concerns over new luxury goods tax in the nautical sector.
Fears of an exodus of private yachts from Mallorca
Similar taxes in other parts of Spain have already failed.
Deya has already increased property taxes.
Deya has already increased property taxes.
No reductions in income tax in the Balearics
The Balearic government prefers a system of direct aid.
Tax cut being considered for purchase of "average-priced" homes
And a further increase in the tax on luxury properties is also being looked at.
Balearic aid for transport sector
Palma to push Madrid into reducing taxes across the board.
- Spain wants Britons to show they have 113.40 euros, £97, per day for their holidays
- Spanish pensioners stuck at Palma Airport for fourteen hours
- Over two hours for Britons to get through Palma airport queues
- Palma Airport passport control "collapse" put down to unscheduled flights
- Living in a motorhome in Palma: "It'll only get worse"
Comment
Who pays for Mallorca's tourist resorts?
Calvia's mayor is leading calls for funding to come from taxes like IVA (VAT).
Andrew Ede13/04/2024 12:57