Spain

1. Introduction On 28 November 2024, the Madrid regional Parliament enacted Law No. 4/2024, introducing a significant tax incentive for individuals relocating from outside Spain to Madrid. Since its announcement coincided with Real Madrid Football Club’s signing of renowned player Kylian Mbappé, this law has been popularly dubbed the “Mbappé Law.” This article outlines the […]

I. Summary It is a common misconception that obtaining a tax residency certificate from a new country of residence automatically grants tax non-resident status in the previous country of residence. However, this assumption is incorrect. In this article, we discuss a recent case decided by the Spanish Supreme Court involving a renowned football player. While

1. Introduction NAX Law secured and important tax ruling from the Spanish General Directorate of Taxation (“GDT”), regarding the interaction between the Spanish tax on large fortunes (“TLF”) and the impatriates regime, also known as Beckham Law. In this article we uncover the details. 2. The impatriates regime Spain introduced the impatriates regime in 2003,

1. Overview On 18 January 2024, the Spanish Constitutional Court (“CC”) ruled that certain provisions of the corporate income tax (“CIT”) reforms introduced in 2016 were unconstitutional. However, the Court decided to limit the application of this ruling, specifying that it only applies to cases where taxpayers had contested these measures before the publication date