Luis Canelo
Biography
Luis Canelo is a tax team leader in Baker McKenzie’s Madrid office, advising multinational groups and family-owned businesses on complex corporate and international tax matters.
He has significant experience in tax planning, cross-border investments, mergers and acquisitions, and group restructurings. Before joining Baker McKenzie in 2015, he worked at a leading professional services firm.
He is also a frequent speaker at academic and professional forums and contributes to specialised tax publications.
Practice Focus
Luis focuses on the design and implementation of tax-efficient structures for investments, transactions and business reorganisations in Spain and across multiple jurisdictions.
He advises clients on the tax aspects of strategic business decisions and corporate transformations, helping them navigate evolving domestic and international tax frameworks. His practice also includes wealth, investment and succession planning for family offices, family-owned businesses and private clients. He combines technical excellence with a pragmatic, commercially focused approach.
He advises clients on the tax aspects of strategic business decisions and corporate transformations, helping them navigate evolving domestic and international tax frameworks. His practice also includes wealth, investment and succession planning for family offices, family-owned businesses and private clients. He combines technical excellence with a pragmatic, commercially focused approach.
Representative Legal Matters
- Advised an international audiovisual group on the structuring and implementation of a public-private co-investment project to establish a new content studio in Madrid.
- Advised a multinational technology company on the Spanish tax implications of the post-acquisition integration of its Spanish entities following the acquisition of an international telecommunications group.
- Advised a leading global automotive group on the Spanish tax aspects of a strategic alliance and related cross-shareholding arrangements involving three major international car manufacturers.
- Advised a leading Spanish family office on the tax aspects of its acquisition of the remaining 50% stake in a luxury hotel group.
- Advised a leading Spanish industrial group on the tax aspects of its acquisition of an Iberian packaging manufacturer from a private equity firm.
- Advised the shareholders of an international wealth management software provider on the tax aspects of its sale to an international private equity firm.
- Advised the shareholders of a Spanish renewable power generation group on the tax aspects of its sale to a renewable energy platform.
- Advised a logistics and industrial group on the tax and legal aspects of a cross-border corporate reorganisation involving more than ten entities.
- Advised an international hotel group and a private equity firm on the tax aspects of the refinancing of a luxury hotel in Madrid.
Professional Associations and Memberships
- Madrid Bar Association
Admissions
- Madrid~Spain (2012)
Education
- IE Law School, Madrid (LL.M. Master on tax advice to corporations) (2013)
- University Autonoma de Madrid (Law Degree) (2011)
- University Autonoma de Madrid (Business Administration) (2011)
Languages
- English
- Spanish
Baker McKenzie Madrid, S.L.P. is a member of Baker & McKenzie International.