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The comprehensive guide to the world's leading tax firms

Torres Plaz & Araujo is repeatedly praised by competitors for the strength of its tax practice. The firm's tax consultancy department is made up of public accountants that all specialise in taxation and offers its clients comprehensive and independent ... [more]

Torres Plaz & Araujo is repeatedly praised by competitors for the strength of its tax practice. The firm's tax consultancy department is made up of public accountants that all specialise in taxation and offers its clients comprehensive and independent tax consultancy and assistance services. The group's outstanding capabilities in litigation are well known. The group is experienced in every facet of controversy including advising clients during tax assessment and auditing procedures, and in any procedures before the national, state and municipal tax authorities.

Baker & McKenzie has a reputation for excellence, particularly in relation to work in energy and natural resources, corporate and commercial, and banking and finance. With a presence in the oil and gas regions of eastern and western Venezuela, the firm ... [more]

Baker & McKenzie has a reputation for excellence, particularly in relation to work in energy and natural resources, corporate and commercial, and banking and finance. With a presence in the oil and gas regions of eastern and western Venezuela, the firm is very active in the energy arena. Emilio Roche and Ronald Evans are both individually highlighted as excellent professionals in the team.

Deloitte has a full service tax practice in Venezuela, helping clients from every industry sector. The group's wide experience is noted by several competitors who commend the entire practice for excellent services to clients.

PricewaterhouseCoopers is very well respected in this market. Clients speak highly of the standard and depth of advice received and note strong professionals in every field of tax advice.

Tinoco, Travieso, Planchart & Núñez added one associate to the group this year. The team advised Nestle in a tax administrative procedure against the wrong assessment of technical assistance services expenses, worth about $2 million to the company. The ... [more]

Tinoco, Travieso, Planchart & Núñez added one associate to the group this year. The team advised Nestle in a tax administrative procedure against the wrong assessment of technical assistance services expenses, worth about $2 million to the company. The firm was also involved in very controversial litgation regarding a client's gift tax assessment due to allegedly donating telecommunications services to several non profit organisations and political parties during the general strike of December 2002 and January 2003. The tax group also assisted a Spanish client with planning and subsequently implementing a structure for the tax obligations of its operations in Venezuela. Clients recommend Moises Vallenilla and Xabier Escalante for giving "sound, prudent, timely [advice] considering environment [political] factors". Another commends the duo for "delivering results under the severely difficult circumstances of the country."

The tax group at Candal Taxand boosts 32 professionals, made up of tax accountants, tax lawyers, and economists. There are five partners in the team divided between two offices in Caracas and Valencia. The firm covers a broad spectrum of services including ... [more]

The tax group at Candal Taxand boosts 32 professionals, made up of tax accountants, tax lawyers, and economists. There are five partners in the team divided between two offices in Caracas and Valencia. The firm covers a broad spectrum of services including tax compliance, tax advice, international tax services, transfer pricing, corporate law and tax litigation. The firm represents both multinational and local clients from the main industries in the country such as energy, financial services and large consumer groups.

The team considers itself particularly strong in international taxes, tax structuring, cross-border and transfer pricing. The firm does not offer any audit services meaning there are no conflict of interest or independence issues regarding such services.

D' Empaire Reyna Bermudez y Asociados added a new associate to the team this year. The firm advises multinationals, Venezuelan firms, banks and private clients on tax litigation, tax compliance, and the tax and political risk aspects of planning structures, ... [more]

D' Empaire Reyna Bermudez y Asociados added a new associate to the team this year. The firm advises multinationals, Venezuelan firms, banks and private clients on tax litigation, tax compliance, and the tax and political risk aspects of planning structures, mergers and acquisitions and infrastructure projects. The firm advised the Venezuelan team that conducted and completed the negotiations of the US-Venezuela tax treaty and regularly advises Fortune 500 companies doing business in Venezuela. Clients include multinationals, major Venezuelan companies and international investment banks. In June 2008 the firm represented steel producer SIDOR (Grupo Ternium) in connection with a $669 million income tax claim from the Venezuelan tax administration. This was the largest income tax claim ever against a Venezuelan taxpayer not engaged in oil and gas activities.

Ernst & Young has built a strong local and international tax practice in Venezuela. The firm offers planning advice as well as assistance with tax compliance and transfer pricing. The group consists of more than 50 professionals, including three specialist ... [more]

Ernst & Young has built a strong local and international tax practice in Venezuela. The firm offers planning advice as well as assistance with tax compliance and transfer pricing. The group consists of more than 50 professionals, including three specialist partners and one executive tax advisory director. The firm has an impressive range of clients from virtually all the major industries in Venezuela. In June 2009 the firm successfully designed and managed a systematic approach to defend a client's transfer pricing position in the first administrative trial of this type of issue.

Rodríguez & Mendoza handles all aspects of fiscal planning, litigation as well as the defence of administrative claims before they can be litigated. The firm has developed experience in the structuring and analysis of new ventures in order to determine ... [more]

Rodríguez & Mendoza handles all aspects of fiscal planning, litigation as well as the defence of administrative claims before they can be litigated. The firm has developed experience in the structuring and analysis of new ventures in order to determine all tax implications involved, including national, state and municipal taxes. Tax partner Oswaldo Anzola is a former joint judge of the First Income Tax Court in Venezuela.

Araque Reyna Sosa Viso & Pittier has a well established tax group. One market observer says it is a "long-standing firm with an excellent team of lawyers including some of the best tax lawyers in the country". The firm's interesting and diverse client ... [more]

Araque Reyna Sosa Viso & Pittier has a well established tax group. One market observer says it is a "long-standing firm with an excellent team of lawyers including some of the best tax lawyers in the country". The firm's interesting and diverse client list is notable.

Benson Perez Matos Antakly & Watts advised global security services company Brinks' Company on a reorganisation of its operations in Venezuela this year. The tax group often works closely with the firm's other departments to provide coordinated and comprehensive ... [more]

Benson Perez Matos Antakly & Watts advised global security services company Brinks' Company on a reorganisation of its operations in Venezuela this year. The tax group often works closely with the firm's other departments to provide coordinated and comprehensive solutions to client's needs. The firm also assists with tax litigation. The firm has recently opened a new office in Maracaibo, which along with its offices in Maturín, Puerto La Cruz and Caracas, allow it to assist the clients locally.

Cifuentes, Lemus & Asociados (Moore Stephens) offers a comprehensive tax advisory service including help with the fiscal assessment of specific transactions, review of compliance with fiscal obligations, tax advisory on foreign investments, evaluation ... [more]

Cifuentes, Lemus & Asociados (Moore Stephens) offers a comprehensive tax advisory service including help with the fiscal assessment of specific transactions, review of compliance with fiscal obligations, tax advisory on foreign investments, evaluation of the fiscal risk in mergers and acquisitions and transfer pricing.

Fraga Sanchez & Asociados is a small law firm with only three partners and three associates. The firm specialises almost exclusively in tax consulting and litigation and despite its size, its clients are some of the most important and recognised companies ... [more]

Fraga Sanchez & Asociados is a small law firm with only three partners and three associates. The firm specialises almost exclusively in tax consulting and litigation and despite its size, its clients are some of the most important and recognised companies in Venezuela. The client list includes the banks: Citibank, BOD, Corp Banca, Banco Exterior and Banco Plaza; electricity company Electricidad de Caracas, oil corporations such as Petrobras, Halliburton and MI Drilling Fluids, as well as many others from a variety of industries. Luis Fraga and Salvador Sánchez are both praised by clients.

Hoet, Pelaez, Castillo & Duque added two associates to the tax group this year. The firm has an interesting array of clients. This year the team represented carmakers Renault in an appeal filed by Venezuelan tax authorities against a decision issued ... [more]

Hoet, Pelaez, Castillo & Duque added two associates to the tax group this year. The firm has an interesting array of clients. This year the team represented carmakers Renault in an appeal filed by Venezuelan tax authorities against a decision issued by a tax court in favour of Renault, relating to VAT matters, which is now at the level of the Supreme Court of Justice.

At KPMG, the tax and legal practice, led by Jorge Rodríguez, consists of 14 partners and 80 professionals. The firm offers services in tax compliance, tax consulting, global tax outsourcing, tax litigation and transfer pricing. In March 2009, the firm ... [more]

At KPMG, the tax and legal practice, led by Jorge Rodríguez, consists of 14 partners and 80 professionals. The firm offers services in tax compliance, tax consulting, global tax outsourcing, tax litigation and transfer pricing. In March 2009, the firm provided assistance to a large automotive company in a process against a tax assessment on transfer pricing matters.

At Despacho de abogados miembros de Macleod Dixon, Carlos Fernández-Smith and Nel Espina are both recommended by clients. Partner Fernando Fernández is a well known figure at the firm and new partner Leopoldo Escobar will strengthen the group's abilities ... [more]

At Despacho de abogados miembros de Macleod Dixon, Carlos Fernández-Smith and Nel Espina are both recommended by clients. Partner Fernando Fernández is a well known figure at the firm and new partner Leopoldo Escobar will strengthen the group's abilities in international tax matters. This year the firm is working with Brazilian advisers to assist Construtora Andrade Gutierrez in the structuring for Venezuelan operations in two projects worth a total of around $2.5 billion.

Travieso Evans Arria Rengel & Paz specialises in tax planning, guiding clients through negotiating, documenting and structuring tax aspects of commercial transactions. Tax planning is an integral part of all transactions that the firm handles. The group ... [more]

Travieso Evans Arria Rengel & Paz specialises in tax planning, guiding clients through negotiating, documenting and structuring tax aspects of commercial transactions. Tax planning is an integral part of all transactions that the firm handles. The group also represents clients in tax litigation at all administrative and judicial levels, as well as making applications for tax rulings.