You can read the full Legal Briefing here.

The post New Legal Framework for Electric Mobility – VAT Implications appeared first on Pérez-Llorca, Law Firm.

The post Adal Salamanca appeared first on Pérez-Llorca, Law Firm.

Pérez-Llorca today announced the appointment of Adal Salamanca as a new Tax partner in its Madrid offices to strengthen this practice, specifically the area of tax litigation.

Salamanca has a solid track record in providing tax advice to companies, with a special focus on tax litigation and defending taxpayers during tax audit, inspection and sanction procedures, as well as during the different appeals procedures provided for in both domestic and EU legislation. Throughout his career, he has advised on highly complex matters, in coordination with multidisciplinary teams and with a comprehensive client-oriented approach. In this field, he has led tax proceedings throughout all their phases and appeals, both before administrative and contentious-administrative courts and before Community bodies and agencies. He also has extensive experience advising European and third country investment and pension funds on recovering taxes in Spain related to their investments.

Salamanca joins Pérez-Llorca’s Tax team and will work in coordination with the rest of the firm’s offices. His arrival at the firm further strengthens this practice area, following the internal promotion announced last December of 12 partners and five counsels, including Antonio Ruiz and Yi Zhou, who were appointed as new Tax partners.

A graduate in Law from the Universidad de Las Palmas de Gran Canaria, Adal Salamanca holds a Master’s Degree in Taxation and Tax Advice from the Centro de Estudios Financieros and various programmes and diplomas from business schools such as IESE and IE. In addition, Salamanca lectures at various universities, teaching on courses related to tax proceedings and offences against the tax authorities.

In the words of Clara Jiménez, partner and head of Pérez-Llorca’s Tax practice area: “Adal’s arrival at the firm is part of our strategy to grow and strengthen our Tax practice area and, in particular, the tax litigation area, one in which we already have a well-established position. Adal is joining us to develop the area of litigation involving funds and, in general, foreign entities with a presence in Spain. We consider Adal’s clear specialisation in this area to be highly appropriate for this task. In the current context where some international tax paradigms are being reviewed or even questioned, we believe it is essential to have a team dedicated exclusively to the litigation aspect of this practice.”

As Julio Lujambio, executive partner of Pérez-Llorca, explains, “the Tax practice is one of the firm’s strategic practices and plays a key role in the comprehensive advice we offer our clients. In an environment of increasing regulatory complexity, a strong and highly specialised team is essential. Adal’s appointment strengthens this commitment and confirms the significance of the Tax department within our firm.”

The post Pérez-Llorca appoints Adal Salamanca as Tax partner appeared first on Pérez-Llorca, Law Firm.

You can read the full article here.

The post The anti-abuse nature of Portuguese aggravated property taxes appeared first on Pérez-Llorca, Law Firm.

Pérez-Llorca today announced the promotion of twelve professionals to partner in recognition of their track record, commitment, technical excellence and contribution to the growth of the firm. This move bolsters the firm’s leadership and commitment to developing talent in its various offices. Specifically, the new partners are based in the Madrid, Mexico City and Bogotá offices and will strengthen different strategic practice areas for the firm.

The Pérez-Llorca professionals who will become partners as of 1 January 2026 are:

• Melchor Álvarez de Mon (Corporate, London)
• Antonio De Lisi (Corporate, Mexico City)
• Iciar de Lorenzo (Corporate, Madrid)
• Francisco Gómez (Corporate, Madrid)
• Eugenio Marín (Finance, Madrid)
• Ángel Martín (Corporate, Madrid)
• Patricio Martínez (Competition, Mexico City)
• Enrique Muñoz (Regulatory, Mexico City)
• Antonio Ruiz (Tax, Madrid)
• Paola Valderrama (Corporate, Bogotá)
• Belén Wert (Administrative, Madrid)
• Yi Zhou (Tax, Madrid)

In addition, the firm has promoted Daragh Brehony (Litigation and Arbitration, Madrid), Eva del Amo (Real Estate, Madrid), Antonio García (Real Estate, Madrid), Nuria García (Real Estate, Madrid) and María Camila Parra (Real Estate, Bogotá) to counsels.

These appointments reflect Pérez-Llorca’s objective to drive internal growth, recognise in-house talent and strengthen its leadership structure in the face of current and future challenges in the legal market.

“We thank these professionals for their commitment, effort and dedication, and we are confident that, with the drive of this new generation of partners, our ability to serve our clients and our global reach will be further strengthened,” said Pedro Pérez-Llorca, Senior Partner of Pérez-Llorca.

London Office

After seven years at the helm of the London office, the first opened by Pérez-Llorca in foreign territory, Álvaro Ramírez de Haro will hand over the reins to José Luis Romeu, a partner who has been working there since the beginning of 2024.

Ramírez de Haro will return to Madrid, where he will continue to work closely with the London office through his work with major international funds and firms.

Likewise, Ander Valverde, a partner based in London since 2022, who has combined his responsibility for the Finance team in Spain with the development of the firm’s debt practice in London, will return to Spain in April 2026, where he will continue to coordinate the Finance practice in Madrid and remain linked to the London office through the firm’s clients in this key financial centre for this practice.

Pérez-Llorca’s London office has a team of more than 10 people which, alongside José Luis Romeu, includes partners Isabel Villa (Restructuring) and the recently appointed Melchor Álvarez de Mon (Corporate), who joins the team in the British capital to further bolster this location.

José Luis Romeu joined Pérez-Llorca in 2017 as a lawyer in the Corporate practice and made partner in January 2024. Specialising in commercial law, his career has a strong international flavour as, in addition to an LL.M. in International Business and Economic Law from Georgetown University, he worked in the firm’s London office in 2019 and 2020 and is also a Solicitor of England and Wales.

The post Pérez-Llorca promotes 12 new partners appeared first on Pérez-Llorca, Law Firm.

You can read the full Legal Briefing here.

The post The OECD publishes the 2025 update to the OECD Model Tax Convention appeared first on Pérez-Llorca, Law Firm.

Under this provision, the sum of the total tax liabilities payable under both taxes may not exceed 60% of the sum of the PIT tax bases for taxpayers subject to wealth tax on the basis of a personal obligation. Should this limit be exceeded, the wealth tax liability will be reduced, although the reduction may not exceed 80% of the full wealth tax liability. Until now, unlike resident taxpayers, non-resident wealth tax taxpayers in Spain, who are taxed on the basis of a real obligation, could not apply this limit, given that the PIT tax bases and liabilities must be taken into consideration, a tax which non-residents do not pay. This is yet another instance in which non-residents received different, and usually worse, treatment than residents.

You can read the full Legal Briefing here.

The post Non-resident taxpayers may also apply the tax shield under Article 31 of the Wealth Tax Law appeared first on Pérez-Llorca, Law Firm.

You can read the full Legal Briefing here.

The post The VAT Groups Regime appeared first on Pérez-Llorca, Law Firm.

This legislative framework had already undergone significant reform with the entry into force of Law No. 56/2023, of October 6 (commonly referred to as the “Mais Habitação Law”).

You can read the full article here.

The post Portugal: The reduced VAT rate on urban rehabilitation works in Portugal: An update appeared first on Pérez-Llorca, Law Firm.

This Legal Journal is mainly written in Spanish. For further information, please contact: comunicacion@perezllorca.com

The post Pérez-Llorca Legal Journal – May 2025 appeared first on Pérez-Llorca, Law Firm.