Francisco José Montiel del Río

In the business world, there are concepts that sound complex but are actually quite simple in logic. One of these is holding companies. For some, they are a key part of business planning, for others, a ‘legal trick’ to pay less tax. The reality, as is often the case in tax law, is somewhere in … Read more

Gold has always had that aura of being a “safe value” that attracts both small savers and large investors. When markets tremble, gold shines. However, before rushing out to purchase jewelry, coins, or bars, it is important to ask yourself a key question: how is gold taxed in Spain? Because, although gold may shine, its … Read more

In recent months, the Supreme Court ruling of May 20, 2025, has generated a lot of interest, and with good reason. The ruling sets clear and necessary limits on an all too common administrative practice: the Spanish Tax Office assigning tax liabilities to directors simply because they are directors and hold that position. This ruling … Read more

If you rent out a property by days, weeks, or months for holiday purposes, you probably think you have everything under control: license, Unique Registration Number (URN), platform, tax returns… But be careful, you may be breaking a key obligation without knowing it. And the worst thing is not the penalty. The worst thing is … Read more

When there is an economic disequilibrium between the spouses after a divorce, it is common to set a compensatory pension. But what few people know is that the tax treatment can make a big difference. How is it actually taxed? Provided that the pension is ordered or ratified by a judge, the treatment in personal … Read more

As the end of the tax year approaches, many taxpayers focus on holidays, deadlines and closing the year at work. However, taking a little time to review your personal tax position before 31 December can have a very real financial impact. With only a short window remaining, there are still several legitimate and effective measures … Read more

If your company owns rental properties, you may be missing out on one of the most powerful corporate tax reliefs: the special housing rental scheme, which allows you to reduce the tax payable on rental income by 40%. However, the key is to meet the requirements and exercise the option in time. For example, if … Read more

The National Court has issued an important ruling that provisionally recognises the right of non-EU residents (people who live outside the EU) to deduct expenses associated with the rental of properties in Spain from their Non-Resident Income Tax (IRNR). Until now, this possibility was only available to EU residents, which meant that there was a … Read more

Since 2022, high net worth taxpayers in Spain have been subject to not one but two wealth taxes. While this may appear redundant at first glance, each tax has a distinct legal basis and tax purpose. As at 31 December 2024, both the Wealth Tax and the Great Fortunes Tax remain fully in force. Understanding … Read more

Imagine that you and your business partners are about to launch a new venture. You are ready to incorporate a company and begin trading. However, if there is a possibility that you might sell the company in the future and wish to maximise your returns, there is a strategic move that could make a significant … Read more