Next Generation Partners

Leading Associates

Tax: The Big Four in Spain

Deloitte Legal

Deloitte Legal’s tax team is lauded by clients for its ‘unique ability to juggle multiple tasks while maintaining the highest quality' of work, as well as its ‘dedicated‘ and ‘hardworking‘ approach to client matters. Clients from a variety of industries, including TMT, banking, and pharmaceuticals, turn to the team for its solid capabilities in cross-border tax matters. The practice is jointly led by managing partner Nicolás de Gaviria, a key contact for the tourism and services industries seeking advice on business and international tasks matters, and Juan Ignacio de Molina, who specialises in transfer pricing, and is often retained by financial services, energy and manufacturing clients. Ramón López de Haro is a name to note for supply chain management, business restructuring processes and transfer pricing controversy issues. Jose María Gómez Rosende takes the lead on transactional tax matters, with a particular focus on the private equity space, while Irene Reoyo Serrano focuses on international taxation. Recently promoted partner Jorge Martín Girola Mariño, who is particularly noted for his tax governance expertise, has played a key role in the tax structuring of M&A transactions.

Responsables de la pratique:

Nicolás de Gaviria; Juan Ignacio de Molina


Autres avocats clés:

Jose María Gómez Rosende; Ramón López de Haro; Pablo Renieblas Dorado; Jorge Martín Girola Mariño; Irene Reoyo Serrano; Marcos Rodríguez Gutiérrez


Les références

‘I have had the pleasure of working alongside Deloitte Spain for years and can confidently say that they are one of the most dedicated and hardworking teams I have had the pleasure of working with.’

‘They have a unique ability to juggle multiple tasks while maintaining the highest quality in their work. Their professionalism and work ethic are unparalleled, and they consistently go above and beyond to ensure that projects are completed on time and to the highest standard.’

‘Ramón López de Haro has a remarkable way of leading his team members; his positive attitude and exceptional communication skills and his technical acumen make him an asset.’

Principaux clients

Amadeus


Banco Santander


Banco Bilbao Vizcaya Argentaria (BBVA)


Burger King Spain


Cinven


Coca-Cola Europacific Partners


Iberostar


Naturgy


Repsol


Telefónica (O2)


Principaux dossiers


  • Advised MásMóvil on its merger with Orange.
  • Advised Werfen on the acquisition of Immucor from TPG Inc.

EY Abogados

Singled out for its strong track record in international tax matters and major M&A and private equity deals, EY Abogados is skilled at assisting domestic and international clients with the entire spectrum of contentious and non-contentious tax mandates, including transfer pricing, litigation, customs, real estate and tech-related taxes. Practice head Ramón Palacín leverages his previous experience as a tax inspector to advise clients from the energy, telecoms, banking and retail sectors on matters such as supply chain solutions, tax disputes, transfer pricing and cross-border taxation issues. Corporate income tax and tax structuring are key areas of focus for Araceli Sáenz De Navarrete, who leads the private equity transactional tax group. Legal support in indirect tax matters is offered by Eduardo Verdún, who concentrates on the Iberian and Italian markets. Anil Bharwani is another name to note for cross-border private equity and strategic M&A transactions, as well as international taxation matters. The group was strengthened by the arrival of Ana Royuela from Baker McKenzie in September 2023.

Responsables de la pratique:

Ramon Palacín


Autres avocats clés:

Araceli Sáenz De Navarrete; Eduardo Verdún; Anil Bharwani; Ana Royuela


Les références

‘High technical level and high commitment to compliance with the best standards and quality of service.’

‘Commitment to the client. Without a doubt, they are the ones with a more practical and integrated approach. ’

‘In tax terms, both for transactions in Spain and for deals with multijurisdictional elements, EY is spectacular.’

Principaux clients

Repsol


Proa Capital


Morgan Stanley


Antin


Patrizia


Bruc


Plenium Partners


Igneo


Windar Renovables


Natural Foods


Principaux dossiers


  • Advised Repsol on the acquisition by EIG of 25% interest in its upstream business for a consideration of €4.8bn.
  • Provided tax due diligence services and transaction advisory services to Antin Infrastructure Partners’ Flagship Fund V, through its affiliate GCE Bidco, S.L.U. on its take-over bid of Opdenergy for €866m.
  • Advised Morgan Stanley Infrastructure Partners on the acquisition of 100% of the shares of Valoriza Servicios Medioambientales, S.A. for a total consideration of €734m from Sacyr group.

KPMG Abogados, Spain

KPMG Abogados, Spain offers clients a full-service tax law offering, showcasing notable strength in the structuring of business transactions and tax disputes at the local and European level. Other key areas of expertise for the team include real estate and financial services tax issues, customs and excise duties, as well as international and indirect tax. The team, which is overseen by Alberto Estrelles, features corporate income tax and tax litigation specialist Julio César García Muñoz, and Natalia Pastor, who is a key contact for both domestic and international indirect tax issues. Jose Diaz-Faes is proficient in international tax and transfer pricing.

Responsables de la pratique:

Alberto Estrelles


Autres avocats clés:

Julio César García Muñoz; Natalia Pastor; Jose Diaz-Faes; Pilar García Molinero; Irene Cao; Ricardo Valencia


Principaux clients

Banco Santander


Inditex


Microsoft


BBVA


Repsol


Banco De España


Telefonica


Ferrovial


Melia Hotels International


Siemens Gamesa


Principaux dossiers


  • Represented two of the seven main operators in the fuel energy sector in the challenge of the non-tax patrimonial benefit established on a temporary basis by Law 38/2022.
  • Acted on behalf of energy supplier DISA in a CJUE preliminary ruling referred by the Supreme Court of Spain in the context of a cassation appeal brought by DISA.
  • Advised Investindustrial on the divestment of 100% stake in the Neolith Group.

PwC Tax & Legal Services

The tax department at PwC Tax & Legal Services, which is made up of lawyers and economists, particularly stands out for its impressive track record in tax controversy matters, both before domestic and EU courts. Alongside this expertise, clients are offered advice on due diligence, tax structuring, transfer pricing, as well as international taxation matters. Antonio Sánchez Recio, who also leads the construction and services department within the firm, steers the tax team in an array of mandates, showcasing notable expertise in corporate taxation matters in the real estate and construction sectors. Javier González Carcedo specialises in transfer pricing, while Roberta Poza is the contact for international tax and policy issues. Also part of the core team, Miguel Muñoz is the name to note for tax litigation, and Carlos Reviriego excels in the tax structuring of domestic and cross-border M&A deals.

Responsables de la pratique:

Antonio Sanchez Recio


Autres avocats clés:

Javier González Carcedo; Roberta Poza; Miguel Muñoz; Carlos Reviriego


Les références

‘Understanding of client needs and availability. Knowledge of areas of specialisation. Very favourable coordination with other PwC service areas.’

‘Excellent personal treatment and understanding of client needs.’

Principaux clients

Mas Movil


Crea Madrid Nuevo Norte, S.A.


Kkr


Técnicas Reunidas


Gip


Bain Capital


ABASIC (Desigual)


Grupo Konectanet, S.L.


Sareb


Principaux dossiers


  • Advised MásMóvil on the merger process with Orange España.
  • Advised Crea Amdrid Nuevo Norte on the fiscal analysis and quantification of the future transfer of land and urban development included in the “Madrid Nuevo Norte” project.
  • Advised KKR on the acquisition of Grupo IVI-RMA.