Distinguished for representing some of the world’s leading companies, the tax team at Ashurst LLP is covers both the transactional and litigation sides of tax advice. Tax planning and transfer pricing are key areas of expertise for the team, which has particular expertise in advising private equity funds, real estate funds, and investment vehicles like SOCIMIs on M&A, financings and restructurings. The practice is led by the ‘technically strong‘ Javier Hernández Galante, a key contact for international tax planning matters. Eduardo Gracia, who has a wide-ranging practice focusing on M&A, real estate, finance, and distressed debt transactions, is also proficient in tax disputes. An expert in real estate taxation issues, Ricardo García-Borregón is ‘accessible, brilliant, and knows his field in depth‘. Counsel Carmen Profitós, known for her work on the prevention and resolution of tax disputes, is another name to note.

The ‘magnificent‘ team at Baker McKenzie is ‘the ideal partner for international companies‘ and covers a myriad of tax issues, including transactional tax, restructurings, wealth management, transfer pricing, indirect taxation and customs duties. The team is also adept at representing clients in complex tax disputes at the domestic and European levels. Rodrigo Ogea focuses on the structuring of investments and reorganisations, and leads the team alongside Bruno Domínguez, who is ‘capable of using his technical knowledge of the national and international reality to find the most appropriate and innovative response'. Other key team members include the ‘commercially savvy‘ Jaime Martínez-Iñiguez; Antonio Albarrán, lauded as ‘one of the best VAT specialists in Spain‘; and Maria Antonia Azpeitia, noted for her work in indirect tax matters. Ana Royuela left the firm in September 2023.

With a strong focus on corporate taxation, tax litigation, and wealth management matters, the group at Cuatrecasas maintains a robust position in the Spanish tax market. Its reputation is upheld by the stature of its client base, which includes some of the largest Spanish and multinational corporates. The group is also well positioned to advise on international tax structures, especially in Latin American jurisdictions, leveraging its connections with offices in Chile, Colombia, Mexico, and Peru. The practice is led by Alicia De Carlos, who focuses on corporate transactions, restructurings and wealth management. Other noteworthy individuals include tax litigation specialist Miró Ayats, as well as Carlos Ferrer, Andrés Sánchez, and Antonio Barba, who are all knowledgeable of corporate and financial taxation.

The well-rounded tax practice at Garrigues enjoys a first-rate reputation for advising on an array of matters, including M&A deal structuring, corporate taxation, compensation and benefits, VAT, tax governance, and private client issues, among others. The team also handles transfer pricing and compliance matters, and represents clients in complex tax litigation cases. Clients, including companies from the real estate, finance, insurance, media, tourism and sports sectors, turn to the team for its 'deep understanding of the industry'. Eduardo Abad leads the practice and specialises in the taxation and regulation of financial entities and products, including insurance. Other noteworthy individuals include Ramón Tejada, who acts as the joint nationwide head of the firm’s ‘banks’ multidisciplinary group; Gonzalo Rincón De Pablo, who specialises in tax advice within the real estate sector; and Carmen Mata, who focuses her practice on banking, financial, insurance, and private equity tax issues.

Working across several sectors, the team at Linklaters handles the full spectrum of tax matters; recently, it has been particularly active in advising on the tax aspects of M&A deals, restructurings and refinancing transactions for some of the largest Spanish corporates. The team is also equipped to represent clients in contentious proceedings and guide them through the tax intricacies of the capital markets and financial industries. The team is co-led by Javier García-Pita, who is proficient in both transactional matters and tax audit proceedings, and Alejandro Meca, a key contact for Spanish and international companies, private equity houses, and financial institutions, who is well versed in the tax structuring of foreign investments. Carlos Olmedo is another name to note in the tax team.

The tax practice at Uría Menéndez ‘brings innovative legal strategy and finds creative solutions to problems’ in an array of business transactions; this includes corporate reorganisations, equity and finance restructurings, capital markets deals, real estate transactions, and corporate investments. The team is also equipped to represent clients in contentious proceedings, including claims and appeals in relation to tax offences. Additionally, the practice caters to high-net-worth individuals, advising them on inbound and outbound matters, such as tax planning and investments in start-ups. The team is led by corporate tax law expert Víctor Viana, who often advises on the tax aspects of M&A, corporate restructuring, and real estate transactions. With strong expertise in both corporate and international tax, Miguel Cremades regularly takes the lead on customs procedures and tax litigation matters, the latter of which is a core area of activity for David López Pombo, a name to note for tax investigations and disputes. Violeta Pina has a wealth of experience in the taxation of financial transactions and capital markets instruments. The team was further strengthened in January 2023 by the appointment of former state tax inspector David Vilches as counsel.

With a ‘very good knowledge of the market’, the tax practice at A&O Shearman is a popular destination for financial institutions, corporate entities, and funds seeking advice on a wide spectrum of tax disputes and transactional tax matters. The latter includes capital market transactions, restructuring, tax-based structured finance and real estate investments. The team is also proficient in the setting up of investment funds, particularly in the real estate sector, often working on a cross-border basis, leveraging the firm’s international network. Ishtar Sancho is a key member of the team, who has particular expertise in the tax aspects of high-value capital markets and financing transactions. Former practice head Adolfo Zunzunegui left the firm in November 2023.

The ‘highly decisive and pragmatic‘ tax team at Clifford Chance has ‘the broadest experience in all areas‘ standing out for its proficiency in transactional mandates, particularly in M&A, corporate restructuring, debt capital markets, and real estate investments. The team also handles litigation proceedings, including instructions from international clients on tax rulings applications before the Spanish Directorate General for Taxation. The practice is led by the ‘unbeatable‘ Pablo Serrano De Haro, who has ‘great knowledge of the sector and all tax issues‘ and serves as counsel of choice for international investors on the structuring of their investments in Spain and internationally. Recently promoted to senior counsel and counsel respectively, Roberto Grau ('a reference for tax issues within the financial/banking sector') and Fernando Escribano also play key roles in the team.

Praised for its ‘excellent tax knowledge and proactivity in regulatory changes’, Hogan Lovells Spain routinely advises on tax issues related to the structuring of asset financing schemes, M&A, real estate investments, and insurance products. The team is also equipped to assist with tax planning matters, especially on an international scale, covering EU, US, and Latin American jurisdictions. Clients praise this expertise, noting that ‘the firm has a worldwide extension that allows it to solve any problem with implications in the most varied jurisdictions and global markets’. The team is led by Miguel Ángel Sánchez, a key contact for both corporate and private clients in tax planning matters and in the defence of their interests before the Spanish tax administration and courts. Javier Gazulla focuses on corporate tax planning and transactional tax matters; Juan Garicano has a strong track record of acting for private clients, as well as global and domestic corporations in their inbound and outbound investments; counsel Patricia Sánchez has particular expertise in the design, negotiation, and implementation of structures for the financing of vessels, films, and research and development projects; while Alejandro Moscoso del Prado concentrates on corporate group restructurings and cross-border transactions.

The tax practice at Latham & Watkins LLP advises across a range of transactional tax issues, including those arising from M&A transactions, capital markets offerings, structured finance, as well as banking and restructuring matters. The team is particularly well positioned to assist with international mandates, frequently collaborating with the firm’s offices in the US, London, and continental Europe. Jordi Domínguez - a key point of call for sponsors, financial institutions, and multinational corporates for cross-border tax issues - co-leads the team with Iván Rabanillo, who is triple-qualified in Spain, Brazil, and New York, and focuses on the structuring of high-end M&A, private equity and financing transactions. Associate Blanca Vázquez de Castro is also noted for her expertise in the real estate, telecoms, and financial services industries.

The ‘powerful‘ tax team at Pérez-Llorca is a key point of call for Spanish and international investment funds, business groups, family-owned companies, and private individuals seeking advice on an array of tax issues, including those arising from audit procedures, M&A transactions, as well as disputes with tax authorities. Recently, the team has also been advising on matters stemming from the introduction of the corporate income tax law regime and on international taxation under the BEPS action plan. The department is led by Clara Jiménez, who has expertise in tax litigation, audits, and tax ruling negotiations before the tax authorities. Other key experts include Barcelona-based Norma Peña i Bagés, who advises on international taxation and contentious matters; José Ramón Vizcaíno, who handles a range of corporate taxation matters, often on a cross-border basis; José Azqueta, a key contact for private equity houses on transactional tax advice; and José Suárez, a seasoned tax practitioner who often handles tax proceedings. The team was bolstered in June 2023 by the addition of a strong team of tax specialists from GTA Villamagna Abogados: Felipe Alonso Fernández, a reference in the market; Javier Povo, who focuses on tax litigation, personal income tax and wealth management; and Antonio Ruiz, a contact for real estate taxation and transactional matters.

CMS Albiñana y Suárez de Lezo has a ‘magnificent‘ team that advises on a range of transactional tax issues across various sectors, including banking and finance, private equity, real estate, energy, and telecoms. It is also regarded for its strong capabilities in complex negotiations with tax authorities, audits, and litigation proceedings. The team is led by Diego de Miguel, who has ‘deep technical and business knowledge that allows him to provide constructive and feasible solutions‘. Recently promoted partner Ricardo Héctor  is another standout individual who often advises private equity funds and multinational corporates on tax structuring issues.

The tax team at DLA Piper is ‘of a solidity and cohesion that is difficult to find‘ and provides tax advice across a range of key issues, often in collaboration with the firm’s corporate, M&A, private equity, real estate, and finance groups. It is also a popular choice for multinational companies seeking advice on cross-border transactions under transfer pricing rules, with César Salagaray being a key contact in this regard. Carlos Rodríguez leads the team and is an expert in international tax planning matters, both for foreign investments in Spain and Spanish investments abroad. Other standouts include Miguel Baz, who has particular expertise in the real estate sector where he advises on the structuring, due diligence, and tax modelling of transactions, and Guillermo Bailach, who handles M&A-related tax matters.

DWF-RCD has a sizeable tax practice that advises on tax planning, private wealth management, corporate taxation, and is also adept at helping clients navigate tax proceedings before Spanish tax authorities. The group serves clients from a range of industries that include manufacturing, technology, banking, finance, and energy. The department is jointly led by José María Duran, who focuses on corporate and business taxation; Jorge Sarró, who specialises in tax procedures and corporate tax compliance; and white-collar crime expert Diego Artacho.

The tax team at Gómez-Acebo & Pombo is praised for its orientation to ‘seek practical solutions in complex matters that guarantee obtaining the desired results‘ across a range of tax issues, including M&A, financing, and refinancing-related matters. It counts IBEX-35 and multinational corporates, investment funds, financial institutions, and private individuals among its clients. Enrique Ortega leads the team and has particular knowledge of Spanish corporate tax, handling both non-contentious and litigation matters. Javier Vinuesa, who specialises in corporate taxation, tax controversies, and wealth planning, is also of note, while Eduardo Martínez-Matosas has expertise in tax structuring and cross-border M&A and reorganisations. Mariana Díaz-Moro is also noted for transactional tax mandates; clients note that she is always ‘one step ahead in the advice she provides’.

The ‘very agile‘ tax practice at RocaJunyent advises on an array of matters, including M&A and corporate restructurings, wealth management, inheritance issues, international tax planning, transfer pricing, and white-collar crime. Its client base includes multinational corporations and family businesses operating in a range of sectors, including healthcare, food and beverage, insurance, energy, automotive, and financial services, among others. Madrid-based Raúl Salas focuses on the tax planning of M&A deals and real estate investments; he oversees the team alongside Blanca Usón in Barcelona, who is an expert in corporate tax and wealth management matters. Joan de Figarolas is also of note.

The tax team at Addleshaw Goddard is singled out for its expertise in tax structuring for both domestic and international private equity funds and its executives. Working alongside the firm’s M&A practice, the group is well positioned to handle the tax implications of corporate transactions in the energy, infrastructure, real estate, sports, financial and retail sectors. Contentious tax matters, including administrative, judicial and arbitration proceedings, also feature on the firm’s diverse workload. The ‘excellent‘ Alberto Ruano, an expert in domestic, international and financial tax law, and Pablo Tejerizo, who regularly handles M&A and private equity deals, lead the Madrid-based team. Covadonga Peréz and Fernando Jiménez stand out at the associate level.

Commended for offering ‘imaginative, agile and fast solutions‘ to an array of domestic and international companies, Andersen regularly advises on both contentious and non-contentious tax matters, including tax litigation, wealth management, international tax planning and corporate transactions. The team is jointly led by Valencia-based duo: Vicente Sanz and Borja de Gabriel, the latter of whom acts for both corporate and private clients and is especially recommended for tax planning matters. María Olleros regularly advises on the tax implications and risks of M&A deals and investments.

Described by clients as ‘true experts in tax and fiscal advice‘, Garrido‘s Madrid-based practice is able to offer legal support to major companies, family-owned businesses and high-net-worth individuals in the entire spectrum of tax matters, including contentious and non-contentious issues. ‘Tremendously solid‘ c0-head Franscisco Conde is the team’s key contact for tax optimisation matters and corporate restructurings. He oversees the department with Enrique Benavente, a name to note for international taxation issues, and Raúl de Francisco, who specialises in tax litigation.

Noted for its extensive experience in the tax planning of transactions, the tax practice at Araoz & Rueda also offers clients assistance with international taxation, restructurings, proceedings initiated by domestic tax authorities, and tax inspections. The team is often called upon by Spanish and foreign companies, family-owned enterprises and private clients, and particularly stands out for its proficiency in the structuring of private equity and real estate investment funds. The ‘reliable‘ Javier Prieto heads up the practice, which also features Andrés Máiz and Elly Wang.

Covering both non-contentious and contentious tax matters, CCS Abogados is able to offer assistance with tax disputes, criminal proceedings, indirect taxation issues, transfer pricing, and the tax aspects of corporate transactions. Practice head Miguel Caamaño Anido is commended for his ‘truly exceptional knowledge‘; he is well versed in both tax planning and contentious proceedings.

The ‘strong, solid‘ tax department at Dentons is complimented by clients for its ‘technical quality‘ and ‘close treatment‘ of clients. Singled out for its strong credentials in transactional tax, the team is often instructed to advise on the structuring of M&A, real estate and financing deals. A key port of call for insurance companies, the group is retained by an array of corporate clients and high-net-worth individuals. Practice head María Cortizas is noted for her ‘keen knowledge of the Spanish tax legal landscape‘ and is highly experienced in the tax structuring of M&A transactions; she often provides advice on the tax aspects of capital markets deals and debt restructurings. Diego Carrera, another core member of the practice, is a name to note for tax audits and personal and corporate income tax.

With strong levels of expertise in tax issues relating to corporate matters, the tax practice at Herbert Smith Freehills LLP is well placed to assist with domestic and international tax planning, and the tax aspects of M&A deals and corporate restructurings. Counsel Marta Esteban leads the practice and offers an array of clients, including major names from the private equity, real estate and financial services sectors, particular expertise in the tax structuring of investments and financial transactions. Nicolás Martín is another key name within the practice, with significant experience in corporate deals, private equity and restructurings.

Jointly led by contentious tax specialist Ignacio Goytisolo and succession planning expert Lourdes Pérez-Luque, Toda & Nel-lo‘s tax department is adept at assisting major companies and family-owned businesses with international tax matters, the tax aspects of corporate transactions, tax disputes and day-to-day tax issues. Other key contacts within the team include: Francisco Chamorro, who focuses on corporate tax; Mireia de Pol, who handles contentious matters; Lorena Puig De Travy, who takes the lead on succession planning mandates; and Albert Mestres, a name to note for international taxation and transactional tax.

Commended for its ‘very professional advisory service‘, AGM Abogados fields a specialised tax team based between Barcelona and Madrid, which is skilled at handling tax planning, the structuring of corporate transactions, tax inspections and litigation. The practice jointly led by the ‘outstanding‘ Jordi Rovira, who maintains a broad focus covering international tax, transfer pricing and corporate taxation, Leonardo Cárdenas, who brings additional expertise in succession planning, and Ignacio Ruiz, who handles both transactional matters and proceedings before the tax authorities and the courts of justice.

Under the leadership of tax planning specialist Ernesto Lacambra, Cases&Lacambra‘s tax practice has a strong track record in appeals against the Spanish tax authority, and frequently advises family offices and high-net-worth individuals on wealth management. Other areas of expertise for the department include real estate-related tax issues and international tax matters. A key contact for family-owned groups, domestic and international companies, as well as private equity and investment funds, David Navarro is another name to note in the tax department, which also features Jorge Del Castillo, who focuses on transactional tax matters, and Alberto Gil, a reference for both corporate and private clients seeking advice on tax planning and contentious proceedings.

Jointly led by Gonzalo González and the ‘excellent‘ Santiago Díez, the tax department at Marimón Abogados offers ‘extensive experience‘ in areas such as tax planning and litigation for domestic and international clients. The team is particularly skilled at structuring M&A transactions, investments and restructurings, but is also well placed to advise private clients on wealth management. Álvaro Crespo is a key contact for private equity clients, while Lidia Bazán is a name to note for inheritance and succession planning mandates.

Following on from his January 2022 arrival, practice head Jaime Peiro Gomendio is commended for adding a ‘definitive boost‘ to the tax department at ONTIER; he has a wealth of experience in the tax structuring of cross-border transactions. A popular choice for both major companies and family-held businesses, the team is proficient in tax audits and litigation, in addition to its strong capabilities in transactional tax mandates. Other names to note include Daniel Mariño Gorosabel, who acts for corporate and private clients in corporate transactions, including restructurings.

Squire Patton Boggs is commended for its ‘excellent business-focused responses‘ and ‘hardworking and tactically astute‘ tax team. Under the joint leadership of Marisa Fernández and Jose Aguilar Shea, the practice is singled out for its extensive experience in cross-border transactions, restructurings, international tax planning, and investment funds-related tax issues. Miguel Nasser is a key contact for proceedings before the Spanish tax authorities.

Tribeca Abogados‘ tax department is highly experienced in transactional tax matters, with recent work including advice on the tax aspects of mergers, acquisitions, and joint ventures. Madrid-based practice head Victor Alarcón acts for both major companies and family businesses in indirect tax mandates and tax structuring. Alejandra Marco is also noted for this type of work. Former co-leader Francisco Cavero left the firm in September 2023.

Watson Farley & Williams LLP‘s tax team, complimented for providing ‘very high quality service‘, is especially adept at advising on international tax matters in the renewable energy, maritime and aviation sectors. Luis Soto, who is experienced in tax disputes and cross-border transactions, heads up the team and is recommended by clients for his ‘excellent knowledge'. Financial entities, corporations, funds and private equity firms turn to Javier Gabiña for his experience in the tax structuring of M&A and financing transactions.