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The comprehensive guide to the world's leading tax firms

Cardenas Di Cio Romero Tarsitano & Lucero acted for Chevron Argentina in a leading case against the tax authorities involving company deduction of a loan (interest and exchange rate) to pay dividends. The firm also assisted Banco Supervielle with the ... [more]

Cardenas Di Cio Romero Tarsitano & Lucero acted for Chevron Argentina in a leading case against the tax authorities involving company deduction of a loan (interest and exchange rate) to pay dividends. The firm also assisted Banco Supervielle with the structuring of a trust with the bank's real estate assets; this was a first in Argentina and gave the client the advantage of enhanced accelerated deductions and write-off of assets. The firm has significantly expanded in tax litigation, seeing considerable success. The team is made up of 11 lawyers and three accountants. Two partners head the tax department: Alberto Tarsitano and María Inés Giménez, both are well respected in the market.

The Deloitte Argentina tax practice is led by Carlos Iannucci and consists of about 350 people. It is headquartered in Buenos Aires, with offices in Córdoba, Rosario and Mendoza. There are 20 partners. Every year at least one new partner is admitted, ... [more]

The Deloitte Argentina tax practice is led by Carlos Iannucci and consists of about 350 people. It is headquartered in Buenos Aires, with offices in Córdoba, Rosario and Mendoza. There are 20 partners. Every year at least one new partner is admitted, indicating the consistent growth that the firm is enjoying. The firm is strong across all areas of tax advice and has an outstanding client list. In the last year, it has also advised in the most important M&A transactions in the country.

Guillermo Teijeiro at Negri & Teijeiro Abogados is repeatedly recognised as a market leader in Argentina. He is frequently called as an expert witness in leading litigation matters. The firm is universally praised by peers and clients as offering outstanding ... [more]

Guillermo Teijeiro at Negri & Teijeiro Abogados is repeatedly recognised as a market leader in Argentina. He is frequently called as an expert witness in leading litigation matters. The firm is universally praised by peers and clients as offering outstanding service, with Mariano Ballone pinpointed for individual recognition by one client. In the last 12 months the firm supported the local subsidiary of the Chilean brewer CCU during the absorption of its recently acquired subsidiary, Inversora Cervecera, through a complex upstream merger restructuring. The group also advised on the local tax aspects of the transaction through which Madeco, a Chilean manufacturer of finished and semi-finished metal products, sold its cables division to the worldwide leader in cables manufacturing, Nexans, in exchange for cash and a 9% stake in Nexans.

The tax team at PricewaterhouseCoopers is well respected by competitors who note the depth of the practice. Clients of the firm come from every sector of industry and tend to use the firm for all service lines. Andrés Edelstein is highly recommended ... [more]

The tax team at PricewaterhouseCoopers is well respected by competitors who note the depth of the practice. Clients of the firm come from every sector of industry and tend to use the firm for all service lines. Andrés Edelstein is highly recommended for cross-border structuring and international planning work and clients speak highly of Eduardo Gil Roca.

Asorey Navarrine has "significant and prestigious credentials, both locally and internationally," according to one market observer. Both named partners, Rubén Oscar Asorey and Susana Camila Navarrine are well known by competitors. The firm's client list ... [more]

Asorey Navarrine has "significant and prestigious credentials, both locally and internationally," according to one market observer. Both named partners, Rubén Oscar Asorey and Susana Camila Navarrine are well known by competitors. The firm's client list includes companies from across the Latin American region and beyond. Clients report a very high level of satisfaction with the firm. One notes the "high level of professionalism" at the firm, adding that Asorey has a "unique quality, which is strong academic activity strongly complemented with professional activity." The personalised attention given to clients is also counted as a strong plus by clients: "they will never send a young professional without the senior partner to a meeting."

Ernst & Young promoted a senior manager to partner this year. The firm remains a strong competitor in the market and boasts a client list that includes many of the largest companies in Argentina, as well as multinationals such as Coca-Cola and McDonalds. ... [more]

Ernst & Young promoted a senior manager to partner this year. The firm remains a strong competitor in the market and boasts a client list that includes many of the largest companies in Argentina, as well as multinationals such as Coca-Cola and McDonalds. In the past 12 months advisers from the tax group have helped Excelerate Energy, a Texas-based importer of liquefied natural gas and Baker Hughes, the global oilfield service company, with consulting matters as well as assisting Techint Group, a group of engineering and construction companies with regional issues. Jorge Gebhardt and Carlos Casanovas are recommended by clients for giving "very reliable opinions" and "always being up to date on new issues and ideas".

KPMG is well regarded in the Argentine market. The team offers a full service tax practice and boasts clients from all industry sectors.

Marval O'Farrell & Mairal is recognised by one competitor as "one of the biggest and most qualified tax teams in the Argentine market". The firm has a broad and impressive client list, including international banks. In the past 12 months professionals ... [more]

Marval O'Farrell & Mairal is recognised by one competitor as "one of the biggest and most qualified tax teams in the Argentine market". The firm has a broad and impressive client list, including international banks. In the past 12 months professionals from the firm advised HBK Special Situations (of the HBK master investment fund) and Max Participations in the sale of a shareholding in the oil and gas exploration company, Petrolera Piedra del Aguila. The firm has also handled M&A, financing, restructuring and real estate projects, as well as dealing with a large number of litigious matters. The group is looking to hire more senior people into the well recognised team. Gabriel Gotlib is individually praised, with a competitor referring to him as "a guy really making his mark".

Bruchou, Fernandez, Madero & Lombardi – Taxand added four new associates in what was an excellent year for the firm. The work handled is testament to a firm that is growing rapidly in size, capability and market respect. Matías Olivero Vila is "very ... [more]

Bruchou, Fernandez, Madero & Lombardi – Taxand added four new associates in what was an excellent year for the firm. The work handled is testament to a firm that is growing rapidly in size, capability and market respect. Matías Olivero Vila is "very aggressive, in a good sense," according to one competitor and it is this style that has won the firm many top-end clients. The team of 21 has worked on some interesting matters in the last 12 months, including handling litigation at all levels of the Argentine court system.

Estudio O'Farrell carefully focuses tax advice according to a client's needs. The firm provides clients with advice for multi-jurisdictional transactions, federal tax, provincial and municipal taxes. The firm is also well equipped to help clients with ... [more]

Estudio O'Farrell carefully focuses tax advice according to a client's needs. The firm provides clients with advice for multi-jurisdictional transactions, federal tax, provincial and municipal taxes. The firm is also well equipped to help clients with disputes at all levels. Miguel Alejandro Tesón is highlighted by competitors.

M&M Bomchil provides comprehensive tax advice to clients from every industry. The tax group consists of three partners and seven associates. The team offers clients help with national, provincial and municipal taxes as well as the worldwide tax planning ... [more]

M&M Bomchil provides comprehensive tax advice to clients from every industry. The tax group consists of three partners and seven associates. The team offers clients help with national, provincial and municipal taxes as well as the worldwide tax planning that is involved in the reorganisation of a company or business group.

Leading individual Cristian Rosso Alba is now practising with the firm Mitrani, Caballero, Rosso Alba, Francia, Ojam & Ruiz Moreno after the merger of the two firms Mitrani Caballero Ojam and Rosso Alba, Francia & Ruiz Moreno. In the last 12 months Rosso ... [more]

Leading individual Cristian Rosso Alba is now practising with the firm Mitrani, Caballero, Rosso Alba, Francia, Ojam & Ruiz Moreno after the merger of the two firms Mitrani Caballero Ojam and Rosso Alba, Francia & Ruiz Moreno. In the last 12 months Rosso Alba handled the one of largest tax controversies in Argentina, relating to the retroactive application of export taxes amendment law 26.351. The case was reported to be worth $1.8 billion dollars in aggregated assessments on the largest exporters of commodities in Argentina. The team of 14 includes four partners. The tax controversy practice focuses on transfer pricing. However, the firm also handles cases related to VAT, debt to equity charactarisation, royalty, as well as other major income tax matters. One client said: "the work product is comprehensive and of a very high quality. They are responsive to our needs and provide advice in a timely fashion."

Manuel Benites of Perez, Alati, Grondona, Benites, Arnsten & Martinez de Hoz (PAGBAM) is highlighted as "a strong competitor, a reputable guy". In the past year Benites gave advice relating to the restructuring of a large international hardware manufacturing ... [more]

Manuel Benites of Perez, Alati, Grondona, Benites, Arnsten & Martinez de Hoz (PAGBAM) is highlighted as "a strong competitor, a reputable guy". In the past year Benites gave advice relating to the restructuring of a large international hardware manufacturing company. Other team members were involved in tax planning for the potential Argentine landing of an international mobile device manufacturing company, prepared briefs on several litigation cases involving municipal tax claims and did tax diligence and structuring work in connection with several major companies' acquisitions.

Abeledo Gottheil Abogados is described by competitors as "very active in the local market with lots of experience in the oil and gas industry." In the last year the practice has shifted focus away from planning to litigation. The firm represented Wal-Mart ... [more]

Abeledo Gottheil Abogados is described by competitors as "very active in the local market with lots of experience in the oil and gas industry." In the last year the practice has shifted focus away from planning to litigation. The firm represented Wal-Mart in a claim against the Argentine government's (Customs Department and Treasury Ministry) restrictions that breach the GATT. The company filed for an injunction in order to be allowed to import without the restrictions imposed by the government. This injunction was obtained with the favourable decision of the three members of the Court of Appeal. The restrictions imposed by the government and the holding obtained by Wal-Mart has important implications for other importers.

Allende & Brea has a very good tax adviser in Amadeo Carcagno, who is praised by competitors. In December 2008 the firm acted as lead counsel to Sulzer, during the acquisition of the privately owned turbo machinery service-provider Capime, a company ... [more]

Allende & Brea has a very good tax adviser in Amadeo Carcagno, who is praised by competitors. In December 2008 the firm acted as lead counsel to Sulzer, during the acquisition of the privately owned turbo machinery service-provider Capime, a company based in Argentina, Brazil, Panama, Uruguay and Venezuela. In the same month the team advised some German investors in the acquisition of Bodegas y Viñedos Huarpe (a leading winery) and vineyards in Agrelo, Mendoza. Earlier in 2008 Merrill Lynch came to the firm for assistance in the bank's acquisition of a preferred equity interest in Explora, an Argentine company engaged in the construction of a major biodiesel production plant in Argentina.

Baker & McKenzie knows that when dealing with the business community time is of the essence, the firm therefore prides itself on offering clients advice that is straight to the point. The firm has been very active in transfer pricing for many years, ... [more]

Baker & McKenzie knows that when dealing with the business community time is of the essence, the firm therefore prides itself on offering clients advice that is straight to the point. The firm has been very active in transfer pricing for many years, adding an accountant to the team has increased the scope of services available. Clients can now come to the group for help with preparing transfer pricing studies, and tax returns. Then should controversy arise, the advisers are able to assist throughout the whole process. The firm is focused on increasing its market share in future years and is looking to add people to the group accordingly. Clients report a high level of satisfaction, especially in transfer pricing matters, with Martín Barreiro receiving individual praise.

There has been some turnover at Estudio Beccar Varela with Alejandro Altamirano and Alvaro Luna Requena leaving the firm in May 2008. María Inés Brandt was hired from Cardenas, Di Cio, Romero & Tarsitano to rebuild the group. Clients speak highly of ... [more]

There has been some turnover at Estudio Beccar Varela with Alejandro Altamirano and Alvaro Luna Requena leaving the firm in May 2008. María Inés Brandt was hired from Cardenas, Di Cio, Romero & Tarsitano to rebuild the group. Clients speak highly of the firm noting the "broad range of experience". The team is made up of seven practitioners, offering tax advice and assistance with litigation.