Metaphors, although occasionally unperceived, are ubiquitous in our everyday language. Thus, it is crucial for Language Models to be able to grasp the underlying meaning of this kind of figurative language. In this work, we present Meta4XNLI, a novel parallel dataset for the tasks of metaphor detection and interpretation that contains metaphor annotations in both Spanish and English. We investigate language models' metaphor identification and understanding abilities through a series of monolingual and cross-lingual experiments by leveraging our proposed corpus. In order to comprehend how these non-literal expressions affect models' performance, we look over the results and perform an error analysis. Additionally, parallel data offers many potential opportunities to investigate metaphor transferability between these languages and the impact of translation on the development of multilingual annotated resources.
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