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Luis Canelo Alvarez

Luis Canelo joined Baker McKenzie in 2015. He focuses his practice in the field of corporate taxation, with experience in tax planning, restructurings and wealth management. Luis has lectured in university and business conferences and has contributed to specialized publications.

On 30 January 2021, Spain’s Official State Gazette published  Royal Decree 1/2021, which established certain amendments in Spain’s Generally Accepted Accounting Principles (El Plan General de Contabilidad or “PGC”), such as the GAAP for Small and Medium Sized Businesses (SMBs), the rules for preparing Consolidated Annual Financial Statements and the rules for adapting the GAAP to non-profit institutions