Etiqueta 'Balearics taxation'
Balearics wanting tax on "hidden" assets like superyachts
Wealthy individuals "hide" assets in the name of companies in order not to pay taxes on them.
Increased tax on sales of luxury homes, but no rise in the tourist tax
The draft for the Balearics 2023 budget is being finalised.
More than six months to pay all taxes in the Balearics
It takes 197 days to meet annual tax obligations (direct and indirect taxes).
Taxation
Balearics tax contributions vastly greater than other regions
It is property transfer tax which shows the greatest difference, and the gap between the Balearics and the other regions is enormous.