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DEPARTMENT PROFILE

Ashurst

Tax

2 ranked lawyersBand 2SpainEurope 2021 View ranking table
chambers review
department information
Ranked Lawyers
chambers review
department information
Ranked Lawyers

Chambers Review

Chambers Research is conducted by 200 Research Analysts, across 200 jurisdictions and provides nearly 6,000 rankings tables. Annually we collect hundreds of thousands of responses from clients, the majority via in-depth interview. Learn more about our methodology.

What the team is known for

Advises real estate investors and investment banks on the creation of tax-efficient structures for their acquisitions of Spanish assets or loan portfolios. Has a strong litigation practice that handles tax audits, administrative appeals and subsequent high court litigation on behalf of foreign and Spanish corporates. Has acted on standout cases that challenge the tax treatment of gaming sector companies operating in Spain. Assists with the design of transfer pricing policies, the negotiation of supporting advance pricing agreements and the defence of companies in related tax audits. Also handles standalone advisory mandates relating to the insurance of tax risks in M&A transactions.

Strengths

One client highlights the department's "good knowledge of the tax rules for corporate investing abroad and large network of offices and knowledge across countries."

Another client describes the department as "flexible, highly experienced, creative, high-performing and with a high capacity to propose alternative solutions."

Work highlights

Advised Iridium on its sale of a 74% stake in six Spanish shadow toll concessions to Hermes Infrastructure.

Notable practitioners

Eduardo Gracia has broad-ranging experience and advises clients on diverse matters such as structuring of M&A deals and relocations, tax risks for insurers, and VAT and CIT audits. He is further noted for his depth of expertise in transfer pricing.

Javier Hernández Galante rises in the rankings, with clients characterising him as "very technically knowledgeable, commercially minded and extremely responsive to client requests." Another client describes him as "flexible, creative, highly experienced and fully available during all the steps of the transaction." He regularly assists clients on a mix of transactional and contentious matters, ranging from structuring M&A and joint venture deals to audits and VAT reassessments.

Department Information

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Tax

Ashurst

firm
Location

Alcalá, 44

Madrid

Madrid

Spain

28014

View Firm Profile

Ranked Lawyers

Chambers Research is conducted by 200 Research Analysts, across 200 jurisdictions and provides nearly 6,000 rankings tables. Annually we collect hundreds of thousands of responses from clients, the majority via in-depth interview. Learn more about our methodology.

Spain

Tax


Eduardo Gracia
Band 1
Javier Hernández Galante
Band 4