Significant Increase in the Tax Allowance for Wealth Tax on Mallorca

Significant Increase in the Tax Allowance for Wealth Tax on MallorcaThe Balearic government is raising the tax allowance for wealth tax on Mallorca and the neighboring islands from 700,000 euros to three million euros. This adjustment aligns the allowance for this regional tax with that of the Spanish “wealth tax,” resulting in assets up to […]