Department profile
Ashurst

Tax: Elite

Europe Guide 2026 : Spain

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Ashurst

Rankings

Chambers Review

Provided by Chambers

Tax: Elite - Spain

Band 2

What the Team is Known For
Ashurst advises real estate investors and banks on the creation of tax-efficient structures for their acquisitions of Spanish assets or loan portfolios. The firm has a strong litigation practice that handles tax audits, administrative appeals and subsequent high court litigation on behalf of foreign and Spanish corporates. Ashurst assists with the design of transfer pricing policies, the negotiation of supporting advance pricing agreements and the defence of companies in related tax audits. It also handles standalone advisory mandates relating to the insurance of tax risks in M&A transactions.
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Work Highlights

Provided by Chambers

  • Ashurst advised Intermediate Capital Group on the tax implications of its EUR1 billion investment, including the structuring of real estate funds and of subsequent joint ventures.

Strengths

Provided by Chambers

  • We value the multidisciplinary nature of the firm.

    Tax: Elite respondentEurope

  • The firm offers experience, efficiency and knowledge of the jurisdiction.

    Tax: Elite respondentEurope

  • Ashurst has a comprehensive understanding of the underlying business, which allows it to fine-tune its focus.

    Tax: Elite respondentEurope

  • Ashurst is characterised by its flexibility, client focus and the depth and quality it brings to the issues being addressed.

    Tax: Elite respondentEurope

  • The firm has a very high level of knowledge and experience.

    Tax: Elite respondentEurope

Notable Practitioners

Provided by Chambers

  • Eduardo Gracia
    Eduardo Gracia

    Eduardo Gracia

    Eduardo Gracia is highly regarded for his broad-ranging experience, advising clients on the structuring of M&A deals and relocations, tax risks for insurers, as well as VAT and CIT audits.

    • Eduardo really has experience and solidity, is able to negotiate and deal with the administrative bodies and is really solid overall. I would definitely highlight his business-oriented approach.

      Tax: Elite respondentEurope

    • The service and response time are excellent with Eduardo Gracia.

      Tax: Elite respondentEurope
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  • Javier Hernández Galante
    Javier Hernández Galante

    Javier Hernández Galante

    Javier Hernández Galante regularly assists clients with a mix of transactional and contentious tax matters, ranging from structuring M&A and joint venture deals to audits and VAT reassessments.

    • Javier has a very high level of experience and knowledge.

      Tax: Elite respondentEurope

    • Above all, I would highlight Javier Hernández Galante's availability and willingness. He is always there for whatever we want to do. We really trust his experience.

      Tax: Elite respondentEurope
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  • Ricardo García-Borregón
    Ricardo García-Borregón

    Ricardo García-Borregón

    Ricardo García-Borregón assists with transactional tax matters, often advising large clients on real estate and energy matters.

    • Ricardo has extensive technical expertise in complex tax negotiations. His availability has been invaluable, and his communication skills in complex processes are noteworthy.

      Tax: Elite respondentEurope

    • Ricardo has a very high level of experience and knowledge.

      Tax: Elite respondentEurope

    • Ricardo is a very good lawyer delivering high-quality services whilst being highly responsive.

      Tax: Elite respondentEurope

    • Ricardo is really good at communicating and getting straight to the point, making things understandable to the client and really highlighting the key messages that the client needs to take away.

      Tax: Elite respondentEurope

    • Ricardo García-Borregón is a great lawyer with a very high level of commitment and extensive knowledge of the market and potential customer needs.

      Tax: Elite respondentEurope
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Ranked Individuals at Ashurst (3)

Spain

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