Blog, News

Insights

Clear thinking on the Spanish tax questions affecting internationally mobile people, private wealth and cross-border business.

Lullius briefings

Our writing focuses on the decisions, risks and procedural moments that matter in practice.

116 insights

Blog, News25/01/2025
81

U.S. LLC Income and the Beckham Law in Spain

Relocating to Spain offers numerous opportunities, but it also presents complex tax considerations, especially for American expatriates involved with U.S. Limited Liability Companies (LLCs). A frequent inquiry among our American clients pertains to the compatibility of income derived from U.S. LLCs with Spain’s Special Expatriate Tax Regime, commonly known as the Beckham Law. Understanding this

Blog, News23/12/2024
82

Tax Risks for Sole Proprietorships and Single-Employee Companies

For nearly two decades, the Spanish Tax Administration (AEAT) has been targeting professionals seeking to unlawfully reduce their tax burden through the use of special purpose entities. The primary aim of these schemes was to artificially channel professional income to benefit from the 25% Corporate Income Tax rate instead of the higher Personal Income Tax

Blog, News16/12/2024
83

Intensified Tax Audits for Beckham Law Beneficiaries

In recent months, Spanish tax authorities, led by the State Tax Administration Agency (AEAT), have intensified tax audits targeting individuals who have opted for the special tax regime known as the “Beckham Law.” Designed to attract foreign talent, this regime allows qualifying expatriates to be taxed as non-residents during their first six years in Spain,

Blog, News13/12/2024
84

The ‘Mbappé Law’: Unlocking Tax Benefits for Expats in Spain

In November 2024, the Community of Madrid enacted Law 4/2024, commonly referred to as the “Mbappé Law”, introducing a significant tax incentive aimed at attracting foreign investors and high-net-worth individuals to the region. This legislation establishes a deduction in the regional component of the Personal Income Tax (IRPF) for new taxpayers relocating to Madrid and

Blog, News12/12/2024
85

Unlocking the 95% Tax Relief on Inheritance Tax for Family Businesses

The Spanish Supreme Court has recently clarified the application of the 95% tax relief on Inheritance Tax for family businesses. This tax benefit, designed to protect family enterprises during succession, comes with specific requirements that must be met to qualify. Understanding these criteria is essential for families aiming to preserve their legacy while minimizing tax

Blog, News11/12/2024
86

Recent Legislative Developments in Cryptocurrency Taxation in Spain

In September 2024, the Spanish Council of Ministers approved a draft bill to transpose the European Union’s Directive 2011/16/EU, known as DAC8, into national law. This initiative aims to enhance administrative cooperation in tax matters, introducing significant changes to the taxation and reporting obligations related to cryptocurrencies. Key Changes Introduced by DAC8 1. Expanded Reporting

Blog, News10/12/2024
87

British Expats in Mallorca: Tax and Lifestyle Advantages

For British citizens exploring a move to Spain, Mallorca has emerged as a top destination offering unparalleled opportunities for lifestyle enhancement, wealth preservation, and seamless integration into a Mediterranean way of life. At Lullius Partners, we are the go-to firm for British expats in Mallorca, renowned for delivering top-tier, high-value advisory services. Our tailored legal

Blog, News09/12/2024
88

Clarifying the Wealth Tax Limit in Spain: Insights from the Supreme Court

Spain’s Wealth Tax (Impuesto sobre el Patrimonio, or IP) often sparks debates regarding its application, particularly on assets classified as “non-productive.” A recent Supreme Court decision dated November 11, 2024, sheds light on a contentious issue: how primary residences, or “vivienda habitual,” are treated when calculating the Wealth Tax’s 60% limit. This ruling reaffirms guidance

Blog, News07/12/2024
89

Tax Considerations for Overseas Property Buyers in Mallorca

Mallorca, known for its stunning beaches, Mediterranean charm, and vibrant lifestyle, has long been a hotspot for international property buyers. While owning a home in this idyllic location offers numerous lifestyle and investment benefits, navigating Spain’s tax system is essential to ensure compliance and optimize costs. Here, we outline the key tax considerations for overseas

Blog, News28/11/2024
90

Lullius Partners: The Leading Firm for Americans Relocating to Mallorca

For Americans exploring a move to Spain, Mallorca stands out as the ultimate destination. Its breathtaking landscapes, Mediterranean lifestyle, and robust tax and investment advantages make it the ideal choice for high-net-worth individuals, expats and families. At Lullius Partners, we specialize in providing bespoke legal and tax advisory services for international clients and expats, offering

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