Politics
Balearics and Canaries summit to consider relations with Madrid
The Canaries have a special regime for tax measures which the Balearics do not.
Finance
Balearic budget envisages 14% increase in project investment in 2017
Any increase to the tourist tax in 2017 has been ruled out. Podemos are supporting the budget and the government because of concerns about "hostility" from Madrid.
Tax
Finance ministry has found over 20,000 undeclared Balearic properties
The type of fraud varies. Almost 30% are new buildings.
Tax
Tax agency trebling holiday rentals’ inspections
Owners face penalties of between 50 and 75% of the amount defrauded in addition to having to pay tax corresponding to income.
Tax
“Overwhelming" results expected from rentals' declaration demand
The internet has been used to find out the location of properties that are being rented out and their use.
Palma
Terrace taxes in parts of Palma likely to increase
The town hall wishes to review and update the classification of all streets in Palma where there is an occupation of the “public way".
Business
Balearics continue to attract businesses leaving other regions
The Balearics are retaining the appeal acquired in previous years because of the economy’s tourism base.
Economy
Tax revenues in 2015 highest since crisis started
Catalina Cladera said the increased revenue was an indicator of a generally improved economic climate.
Economy
Investment tax incentives proposed for the Balearics
These incentives would correspond to the establishment of a business investment zone in the Balearics similar to that which exists in the Canaries.
Politics
Political parties warned: Do not raise taxes after election
Addressing her remarks towards Balearic candidates standing for Congress and Senate, Planas stressed that businesses “can grow without taxes being raised on families or business”.
Taxation
Income tax increases will apply to this year
On income tax, the increases apply only to those earning 70,000 euros or more.
Palma
Palma terrace tax increases could mean the loss of 5,000 jobs
"This increase is an unfair, disproportionate and unjustified."
Palma
Palma terrace tax to rise by up to 86 per cent
Bartomeu Cañellas for the C’s: “now is not the time to be increasing taxes”.
Palma
Restaurants want lower terrace tax in winter
Town hall is “open to dialogue” in working together on any possible amendment of the bylaw regarding the use of public areas for terraces.
Tax
Government intensifies fight against tax fraud in the Balearics
The aim is to increase inspections in order to arrive at figures of fraud detection that there were in 2011.
Tax
Tax penalties for property only rented in the summer
"This should be regulated. We must find ways of preventing this situation..."
Tax
Car-rental agencies to resume paying taxes in the Balearics
Negotiations with the new government over re-registering with municipalities in the Balearics.
Tourist tax
Hoteliers paint picture of doom and gloom over tourist tax
Biel Barceló’s announcement of the tax’s “application” in 2016 has come as a surprise to many within the tourist industry.
Tourist tax
Tourist tax will come into force for next summer, says minister
Barceló said that he was convinced that a good part of the tourism industry was itself convinced of the need for the tax.
Tax
Balearic government planning massive crackdown on tax fraud
Annual revenue from tackling tax fraud had been between 35 and 45 million euros under the previous government.
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