Inheritance Tax in Mallorca and the Balearic Islands 2026: a complete guide for heirs
Inheritance tax in Mallorca (Majorca) and the Balearic Islands in 2026: 100% relief for children and spouses, 60% or 35% for siblings, deadlines.
Read article →Inheritance and Gift Tax
Balearic civil law reform: spouses and stable partners will be able to agree a definició
The Balearic Islands will let a spouse waive the forced share in exchange for a lifetime gift from the other. What it is, who it covers and how it is taxed.
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Donations from parents to children in the Balearic Islands: requirements, deadlines and real cost
How to donate to a child in the Balearic Islands: 100% deduction in Inheritance and Gift Tax, deed requirements and the donor's income tax.
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Family holding companies in Spain: a tax guide to reorganising the family business
What a family holding is, when it makes sense, how to set it up tax-neutrally (FEAC regime) and what the Wealth and Inheritance Tax reliefs require.
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Investment reserve: the TEAC concludes that keeping the asset is not enough if the reserve disappears from the balance sheet
TEAC ruling 9105/2024: the investment reserve (RIC) must remain on the balance sheet throughout the entire asset maintenance period.
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Holding companies in the family business: when the exemption is lost
If a shareholder sets up a holding and hands it the management, the rest of the family may lose the Wealth Tax exemption. DGT Binding Ruling V0354-26.
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Buying a Property with Inheritance Tax Debts: The Supreme Court Sets Key Doctrine
The Supreme Court sets doctrine on the charge attaching to properties for Inheritance Tax (ISD): buying a property with inheritance tax debts.
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Family Businesses and Real Estate Leasing in Spain: Supreme Court Clarifies the “Employee Requirement”
Spain's Supreme Court (rulings 167/2026 and 186/2026) clarifies the employee requirement for family businesses that lease property. Impact on tax reliefs.
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Balearic Islands increase tax relief thresholds for primary residence acquisitions
Tax incentives for buying a home in the Balearic Islands in 2026: ITP, AJD and ISD on a main residence, new limits by island and requirements.
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Lifetime Usufruct over Company Shares and Wealth Tax
How a lifetime usufruct over company shares fits with the Wealth Tax exemption for family businesses, per DGT binding ruling V1318-25.
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The Supreme Court Strengthens the 95% ISD Reduction for Rental Businesses: Proving the Employment Contract Is Enough, Without Justifying Its Economic Necessity
The Supreme Court ruling of 14 July 2025: a full-time employment contract is enough for the 95% ISD reduction in a property rental family business.
Read article →Landmark Tax Reform for the Agricultural Sector in the Balearic Islands: Law 6/2025
Law 6/2025 gives Balearic farms 99% rebates on Transfer Tax and Stamp Duty and 100% Inheritance and Gift Tax reductions. Requirements explained.
Read article →Reform of the Inheritance and Gift Tax in the Balearic Islands: A New Landscape for Family Tax Planning
From July 2025 the Balearic Islands grant up to 100% relief on parent-to-child gifts. What changes for inheritances and the PIT costs that remain.
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