Tax

Pérez-Llorca

Client Satisfaction

Multinationals, Spanish blue chips, investment funds, family offices and UHNWIs routinely turn to Pérez-Llorca for its expertise in a wide range of tax matters, including the taxation of M&A and real estate transactions, international tax issues, tax disputes and wealth management matters. Praised for its 'exceptional knowledge of tax inspection procedures and ability to anticipate all angles of future litigation while still optimising tax costs', the team is led by Clara Jiménez, who advises IBEX-35 companies and other clients on both contentious and non-contentious tax matters. Felipe Alonso Fernández is highly regarded for his work in tax litigation and real estate and commercial transactions, areas where Norma Peña i Bagés is particularly active. José Suárez specialises in proceedings before the tax authorities, notably self-disclosures. Javier Povo stands out for his focus on tax litigation, personal income tax and wealth tax, while José Azqueta boasts extensive expertise in transactional work for corporate clients and private equity houses. José Ramón Vizcaíno's broad skillset covers corporate and international tax matters.

Legal 500 Editorial commentary

Testimonials

Collated independently by Legal 500 research team.

‘The team combines technical knowledge with a comprehensive strategic approach, tailored to the client’s needs, which not only ensures compliance but also optimises financial results.’
‘Exceptional knowledge of tax inspection procedures and ability to anticipate all angles of future litigation while still optimising tax costs.’
‘The team’s organisation allows it to manage several matters simultaneously. The partners contribute the necessary hours to each project at a reasonable cost, and their use of technology minimises client involvement and maximises time efficiency.’
‘The aspects I would highlight about Pérez-Llorca’s tax team are their availability, willingness to address urgent issues, understanding of business needs, and creativity in finding flexible and effective solutions.’
‘The tax team is very strong in-depth and enjoys an excellent reputation, especially in the real estate sector.’
‘The team’s proximity and availability, quick responses, and good relationships with client teams ensure seamless coordination, particularly during complex operations.’
‘José Ramón Vizcaíno is articulate, technically strong, and highly knowledgeable about real estate taxes. His attention to detail and commercial insight make him a pleasure to work with.’
'Javier Povo is an outstanding professional who consistently demonstrates a willingness to go the extra mile in assisting others. He is surrounded by a remarkable team of individuals who share his commitment to excellence and dedication to their work. Javier possesses a remarkable level of empathy, allowing him to understand and connect with clients on a deeper level. His team's collective expertise, coupled with their genuine concern for the well-being of their clients, creates a supportive and reassuring environment.'

Key clients

Repsol
Philip Morris Spain
Aon Iberia Correduría de Seguros y Reaseguros
Culmia Desarrollos Inmobiliarios
BlackRock Investment Management (UK) Limited
Axa Seguros Generales de Seguros y Reaseguros
Pictet Alternative Advisors
Alvarez & Marsal Capital Europe - A&M Capital Europe AMCE
Cardif Lux Vie
Global Armorica
Union Investment Institutional Property GmbH

Work highlights

Advising clients on challenging a temporary levy imposed on electricity, gas, and oil companies, enacted in late 2022.
Advised WP Carey on the tax aspects of divesting 70 office properties leased to Andalusia.
Advised Firmum on raising €550m and establishing six venture capital entities, with Brookfield Infrastructure and Partners Group as main investors, for acquiring car parks in Spain.

Lawyers

Hall of Fame

The lawyers at the very top of the profession, widely known and respected by peers and clients for their longstanding involvement in market-leading work.