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Publications and reports

Analysis and perspectives on international taxation, real estate law and wealth management for international clients with interests in Spain.

Restriction of second homes in the Balearic Islands: scope of the proposal

September 2026

The restriction on second homes in the Balearic Islands has acquired special legal relevance following the presentation, on September 9, 2026, of the proposed European Regulation on housing...

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September 2026

Beneficial Ownership of US LLCs: FinCEN Reform and Obligations in Spain and the European Union

The beneficial ownership of US LLCs has undergone a substantial change following the Financial Crimes Enforcement Network's (FinCEN) decision to permanently eliminate the requirement to...

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September 2026

The Supreme Court declares that the withholding of tax refunds intended for the payment of debts to third parties is subject to appeal

The Supreme Court has established a precedent regarding the withholding of tax refunds when the State Tax Administration Agency acknowledges an amount owed to the taxpayer, but reduces or neutralizes...

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September 2026

Wealth Tax in Spain: the same wealth, five different tax burdens

A net worth of 2,500,000 euros, consisting of a diversified investment portfolio and two properties, can generate a zero tax liability in Madrid, a moderate tax burden in the Community...

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August 2026

The Supreme Court prohibits the Tax Agency from basing a tax assessment on alternative and incompatible arguments

The Administrative Chamber of the Supreme Court has established a directly applicable criterion regarding how the Tax Inspectorate may justify its assessment decisions.

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August 2026

Derivation of subsidiary liability: prescription, insolvency and liquidated companies in the jurisprudence of 2026

The transfer of subsidiary liability constitutes the point at which a tax debt initially attributed to a company can be projected onto the assets of its director when the following conditions are met...

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