Trusts in Spain: An Incoherent Legal and Tax Approach
A trust is a legal relationship originating in common law whereby a person (the settlor) transfers assets to another (the trustee) to hold and manage for the benefit of one or more beneficiaries. The trustee holds legal title, while the beneficiaries enjoy the equitable or beneficial interest. Although often compared to civil law concepts such […]
Navigating Spain’s Golden Visa After the New Immigration Law Reform
The Investors residence permit (also known as golden visa) has been one of the most popular vehicles used by non-European expats in order to start a life in Spain. Between 2019 and 2020, before Brexit fully took effect, some UK citizens secured Spanish Golden Visas through property investments in anticipation of losing EU free movement […]
Why Private Wealth is the Next Tax Frontier – Published in Taxation
We are pleased to share that an article by Fernando Del Canto, “Why Private Wealth is the Next Tax Frontier”, has been published in Taxation magazine, the UK’s leading publication for tax professionals. The piece looks at how governments are gradually shifting their attention away from corporate taxation and towards the taxation of private wealth – a change […]
Trapped in a Multi-Currency Mortgage in Spain?
How Del Canto Chambers Can Help You If you entered into a mortgage in Spain – whether with a Spanish or international bank – and that loan was offered as a multi-currency mortgage (for example, denominated in Swiss francs or Japanese yen on a Spanish property), you may now face unexpected financial and legal consequences. The problem […]
Del Canto Chambers has been awarded with the Charter for Fairness 2024 by the Chancery Bar Association
Del Canto Chambers awarded with the Charter for Fairness. Established in 1935, the Chancery Bar Association stands as the oldest specialized bar association, boasting a membership exceeding 1300 barristers. Specializing in Chancery law, their expertise spans various realms including real property, landlord and tenant matters, as well as intricate aspects like property holding structures such […]
Why expert international counsel takes away the overwhelm if your marriage falls apart in Spain
If you’re one of the many foreign couples living in Spain and have decided to separate, taking counsel from an expert in international divorce can make all the difference. In this article, we look at why and the key points to consider in your divorce litigation strategy. As one of the top relocation destinations in […]
A new ‘digital nomad’ visa for Spain is in the works: Is it the answer to your visa woes, and what are the tax implications?
Could the new digital nomad visa in Spain be the answer for UK and other non-EEA professionals who wish to live and work in Spain? If so, what would be the tax consequences of this new nomadism? We look at the visa’s rules and assess its conditions. The Spanish parliament is discussing new legislation loosely […]
Why bending it like Beckham could make financial sense in Spain
Why bending it like Beckham could make financial sense in Spain. We sum up the pros and cons of the so-called Beckham Law to help you decide if this tax regime in Spain is for you or not. Of course, we’ve all heard of David Beckham, one of the greatest footballers ever and now a […]
Russian's war puts Golden Visa under the European Parliament Escrutiny
Russian’s war puts Golden Visa under the European Parliament Escrutiny. Following Russia’s invasion of Ukraine, the European Parliament has raised serious concerns on residency and citizenship through investment programs (the so-called “Golden Visa”), allowing the granting of residence where the only criteria is blatantly: “money”. The Golden Visa programs in the EU are regulated independently […]
Is independent lawyering under siege?
“Leon Fernando Del Canto published an article in The Barrister magazine’s Easter Term 2021 edition, entitled “Is independent lawyering under siege?” In the piece, Leon examines the rise of big law firms and the impact this is having on the social representations of how ‘an independent lawyer’ is perceived, not only among the general public, […]
Non-Fungible Tokens: The digital purchasing platform taking the virtual world by storm
Non-Fungible Tokens, or NFT’s for short, have been floating around the news and social media for the past few years, but only in the past year have they really taken the world by storm. They first arrived in 2015 and have since gained popularity all over the globe. An NFT is a piece of data […]
Driving in Spain: you may have an embargo and you don´t even know about it
Driving in Spain: you may have an embargo. You may visit Spain for a couple of days or you may just have moved there to live a simpler, sunnier life. No matter the reason, you need a car to drive around and, let’s be honest, driving on the other side of the road and trying […]
A Spanish Lawyer and Barrister in United Kingdom
Hiring a legal professional is a tricky decision, particularly when one needs an urgent opinion on financial or fiscal and tax matters.
Manage and grow your firm in the new UK-EU relationship (video)
Last January 28th our Head of Chambers, León Fernando del Canto, joined the panel discussion in Clio’s webinar: How to Manage and Grow Your Firm in the New UK-EU Relationship. Some questions they’ve discussed: https://www.youtube.com/watch?v=KUBHoPTVptY&t=11s León Fernando Del Canto leads Del Canto Chambers International Tax & Legal team. Fernando is a tax qualified English Barrister […]
Más allá del Brexit Webinar. Business y relaciones comerciales.
Business y relaciones comerciales entre España y el Reino Unido El Brexit es ya una realidad. Es por eso que, desde nuestras oficinas en Londres, vamos a desgranar, en “Más allá del Brexit, webinar”, algunas de las claves sobre las relaciones comerciales y los negocios en la nueva relación bilateral entre el Reino Unido y […]
The spanish tax office red tape: The form 232 Declaration
The Spanish Administration is famous for the excessive formalities and its red tape. One of those famous formalities is coming soon and it comes in the form of, surprise, surprise: a new tax return! The form 232 Declaration. The new tax return will report on all the company transactions with related parties; including those with countries […]
Living in Ibiza and paying the right taxes
Living in Ibiza and paying the right taxes. Property Taxes and Legal issues in Ibiza – non-Spanish residents living in The Balearics Islands need to be aware of Spanish legal and tax considerations that could affect the value of their homes, the wealth in their Spanish estates and their ongoing tax liabilities. Local Ibiza Property […]
British residents in Spain after Brexit
British residents in Spain after Brexit. Ever since the referendum in 2016, British and European press outlets were full of predictions and prophecies about the outcomes of the vote. From catastrophe to paradise, commentators had a lot to say about trade, working rights, movement and other issues that now had to be negotiated by both […]
Intellectual property after Brexit
Intellectual property after Brexit. Global economy has moved progressively towards a more knowledge-based assets. Intangible assets account for more than half the value of companies and their importance is growing. Currently, companies compete more on innovation, creativity, and quality than on price. This has made Intellectual Property (IP) a powerful tool for enterprises to become […]
Technology does not always drive innovation
Technology does not always drive innovation. The Fourth Industrial Revolution is also taking place in the legal sector and it is the time to stop to ponder and consider the true innovation that technology brings into our lives as legal professionals. In this article I expose the different pillars that comprise effective innovation, which are […]
Spanish and EU residents in the UK after Brexit (Part II)
Spanish and EU residents in the UK after Brexit. In the previous post about the European Union settlement scheme, established by the United Kingdom’s Withdrawal Agreement, we reviewed the timing and criteria employed to access settled and pre-settled status. Now, we will take a look at the relevant tax implications of the proposed transition of […]
Spanish and EU residents in the UK after Brexit (Part I)
Spanish and EU residents in the UK after Brexit. Brexit will involve a lot of changes that are sometimes discussed with generic terms like trade relations or border agreements. However, behind these terms and the numbers expressed to explain them, there are hundreds of thousands of people who will be affected by changing transnational relationships […]
Del Canto Chambers Press Note on COVID-19
Dear Clients Del Canto Chambers Press Note on COVID-19. Due to the recent communications issued by several Official Sources advising companies to promote the teleworking in those zones where there is a high risk of transmission of the so called Virus Covid-19. Our Firm has decided to put in practice these measures in order to […]
A Global Analysis of Tax Treaty Disputes
Global Analysis of Tax Treaty Disputes is a book that must be read. Eduardo Baistrocchi, author of this book and Associate Professor of Law in the London School of Economics LSE, reviewed with his collaborators around 1,500 cases, where Eduardo finally included in his book a ‘Global Taxonomy’ of 116 tax identified patterns of tax […]
Should be the Hourly Rates of Barristers published on their Chambers?
A call for transparency in the legal sector Del Canto Chambers is working with the Bar Standard Board Pilot Scheme to promote transparency on fees, services and redress offered by legal providers. This October the Bar Standard Board (BSB) has published its Consultation Paper in response to the Competition and Market Authority (CMA) where the […]
The Observatory of the Spanish-speaking World
The London School of Economics and the Spanish Leading newspaper in the world launch The Observatory Of the Spanish-speaking World Coinciding with the Spanish king’s visit to the UK, The London School of Economics and Political Science and El País -Spanish leading newspaper in the world- launch the Observatory of the Spanish-speaking world. The […]
On palaces and ashes
On palaces and ashes Our Managing Partner, León Fernando del Canto, has published in The Huffington Post a personal reflection on the transitivity of life and death entitled “Palaces and ashes“. As an example, he uses Ibrahim’s King of Balkh fable, from the VIII century (the old city of Bactria, currently Afghanistan), when a homeless […]
Del Canto Chambers bets for pragmatism on Brexit negotiations
Del Canto Chambers bets for the pragmatism on Brexit negotiations Our Managing Partner, León Fernando del Canto, has taken part of the event EmbraceLondon, a briefing held by the Spanish journal El País, gathering representatives of the Spanish and British financial sectors in order to discuss the consequences of the EU and British’s negotiations in […]
Life, the Levant and the Bolonia beach
Life, the Levant and the Bolonia beach Our Managing Partner, León Fernando del Canto, has published a short story in The Huffington Post, promoting the release of his first novel “Que tu viaje sea largo” next May. PDF version in Spanish Language.
The Spanish Embassy in the UK will resolve Spanish residents’ Brexit’s doubts
The Spanish Embassy in the UK will resolve Spanish residents’ Brexit’s doubts The Spanish Embassy in the United Kingdom has opened a single window to resolve the Spanish residents’ doubts about residence permits in the UK due to Brexit. The Spanish Embassy in the UK has communicated through the web verne.elpais.com, the 4 questions that […]
The Spanish Embassy held a meeting on Brexit
The Spanish Embassy held a meeting on Brexit “This is a historic moment from which there can be no turning back” said yesterday Theresa May in the House of Commons; few hours after her ambassador in the EU Tim Barrow gave to Donald Tusk; EU Council President, the letter which officially triggered the Article 50 […]
Expat Network, Still a Gain in Spain?
04-01-2017 | EXPAT NETWORK Our Managing Partner, León Fernando del Canto, has published statements in the British magazine Expat Network in which he highlights that Spain, despite Brexit and the Sterling’s devaluation, is still an important destination for British wanting to purchase a property in our country.
Del Canto Chambers: Gibraltar is the yardstick to measure Spanish-UK’s relations
Our Managing Partner, León Fernando del Canto, has published an article entitled “Gibraltar: the yardstick of the future of Spanish and British relations” in The Barrister Magazine, where he analyses the Gibraltar’s current status after Brexit and the Spanish’s co-sovereignty purposes with the United Kingdom.
The Barrister Magazine – Gibraltar the yardstick of the future of Spanish and British relations
17-11-2016 | THE BARRISTER MAGAZINE Our Managing Partner, León Fernando del Canto, has published an article entitled “Gibraltar: the yardstick of the future of Spanish and British relations” in The Barrister Magazine, where he analyses the Gibraltar’s current status after Brexit and the Spanish’s co-sovereignty purposes with the United Kingdom.
Del Canto Chambers values the documentary “The Keys of the Memory”
Our Managing Partner, León Fernando del Canto, has published a film review on the documentary “The Keys to Memory” in the journal Huffington Post. This documentary, by the director Jesús Armesto, filmed with his production company Almutafilm, has been selected in the Seville European Film Festival XIII’s billboard, which is going to be celebrated from […]
Del Canto Chambers and the ‘Brexpats’ situation after Brexit
Our Managing Partner, León Fernando del Canto, has published and article in the Spear’s magazine where he analyses the legal changes that would affect British expatriates in Spain and in other European Union’s countries, once the United Kingdom will complete the Brexit.
Del Canto Chambers discusses on compulsory voting
Our Managing Partner, León Fernando del Canto, has published an article in the journal Huffington Post in which he analyses the advantages of implementing the compulsory voting.
El País – Spanish and British’s economic bonds against the Brexit’s generated uncertainty
08-10-2016 | EL PAÍS Our Managing Partner, León Fernando del Canto, has published an article in “El País“, in which he bets again for maintaining the Spanish and British’s economic bonds against the Brexit’s generated uncertainty.
Cinco Días – Relations between Spain and the United Kingdom should be maintained after Brexit
06-10-2016 | CINCO DÍAS Our Managing Partner, León Fernando del Canto, has published an article in the economic journal “Cinco Dias” where he is defending that relations between Spain and the United Kingdom should be maintained after Brexit. He also requires the Spanish government to establish bilateral negotiations with the UK as soon as possible.
Del Canto Chambers advocates the Brexpats' rights in the EU
Our Managing Partner, León Fernando del Canto, has published an article on the British magazine Money Observer, entitled “British expats facing ‘green card’ procedures in EU“, in which he analyses the British expats’ situation after Brexit with regard to their visa residences in the EU’s countries. The British exit from the EU will imply complex […]
Money Observer – British expats facing 'green card' procedures in EU
29-09-2016 | MONEY OBSERVER Our Managing Partner, León Fernando del Canto, has published an article on the British magazine Money Observer, entitled “British expats facing ‘green card’ procedures in EU“, in which he analyses the British expats’ situation after Brexit with regard to their visa residences in the EU’s countries.
Del Canto Chambers defends the living will in an article published in Spanish journal Cinco Días
The economic journal “Cinco Días” has published an opinion piece by our Managing Partner, León Fernando del Canto, in which he explains what a living will is and why it can be a helpful legal document. The living will, also known as an “advance healthcare directive” allows to clarify a number of instructions or indications […]
Between universal jurisdiction and international taxation, it has been a busy week at Del Canto Chambers
Our visit to London; the principle of universal jurisdiction in New York; the Apple Inc. case; and the revenue-raising antics by means of corporate tax employed by the Spanish government have kept us busy this week at Del Canto Chambers At Del Canto Chambers, as we approach the end of the summer and brush away […]
A very busy week at Del Canto Chambers
Qatar, United Kingdom and #Apple kept us occupied at Del Canto Chambers this week At Del Canto Chambers, September has started with an interview in The Times regarding the #AppleTax case. Meanwhile, the firm continues to strengthen its position as the first Spanish office in Qatar. Along with Leon Fernando del Canto, our Managing Partner, […]
León Fernando del Canto focus on the UK's role in tax avoidance
Our Managing Partner, León Fernando del Canto, has published in the prestigious British legal weekly journal Solicitors Journal (founded in 1856) an article on the fight against international tax avoidance and the UK’s role in it. International tax avoidance is a burning issue both media both public opinion. Cases such as WikiLeaks or the most […]
Investment profitability and business opportunities between Europe and the Middle East
Profitability of the leading investment funds in Spain, business opportunities in the Middle East and the European Commission punishing Apple mark the end of the summer holidays. Over the past week at Del Canto Chambers, we have had one foot in Europe and the other in the Middle East; tax issues and business matters have […]
A week marked by the Brexit and… the "Bankxit"
The Brexit’s effects and those caused by the CJEU’s Advocate General’s line on mortgage-floor-clauses in the Spanish banking sector fill our first week up. Lawfirm Del Canto Chambers’ blog started this first July-summer-week a new stage to became a reference blog on commercial law, fiscal law and Private Clients in the UK, Spain and Qatar […]
Brexit's consequences fail or chance?
In London and in the rest of the European continent the strategies to avoid Brexit’s negative consequences and to take advantage of its opportunities are being redefined. The Brexit’s economic and juridical consequences do not stop but after the first shocking days, the strategies are being redefined now in both sides of the Channel. Firstly, […]
UK's EU workers react to Brexit: "The decision shows that this issue is not just limited to the UK"
They told us their worries about the prospect of Brexit, now the UK has voted for it Britain’s workers share their reaction. Europeans living in the UK have expressed alarm about their future after Britons voted to leave the EU. There are 3 million EU citizens living in the UK, and although their status will […]
New European Data Protection Regulation
The EU was needing a new law regarding data protection in order to replace the EU directive which dates from 1995, when the internet was still in its infancy. So finally last week, after more than four years of negotiation, the European Union’s General Data Protection Regulation (GDPR) was passed in Strasbourg. This new law […]
Living in Madrid
This week in London I noticed how Spanish gastronomy, music and fashion is going mainstream again. I am not talking about cheap paella, tacky folklore music or flamenco dresses. I saw gourmet restaurants in W1 and great street’s food at Candem Town inspired by Spain, watched designers’ cloths and listened to contemporary music -all with […]
Lea Global Named Second Largest International Association
Konsilia is the LEA Global member in Qatar and Spain since 2005. Now LEA Global / The Leading Edge Alliance, has been ranked by the International Accounting Bulletin as the second largest international association of independent accounting firms for 2012. The LEA Global is an international alliance of independently owned accounting and consulting firms. Established […]
Mass Media, Personality Rights and European Conflict of Laws by Thomas Thiede, Colm McGrath: SSRN
As reported by Conflicts of Law, the article critically analyses the current approach of the European Court of Justice (ECJ) alongside the proposed alternatives to a unified European conflict of laws rule dealing with the problem of cross-border infringements of personality rights. Having exposed the weakness of these approaches they set out one suggested path […]
The Life and Work Balance Concept is Outdated
Although this is not a tax topic, it will influence the way we think and will probably make life less taxing. The authors of Tribal Leadership declare work-life balance as a nonsense concept. According to them if you let it, it will damage your career, hurt your family, make your life mediocre and make you […]
