Established in 1963, Abeledo Gottheil Abogados covers many different practice areas. Their tax team is led by partners Eduardo Raúl Mujica and Gabriela Inés Buratti. The group specialises in tax controversy on the local, federal, and international level, as well as general corporate tax and transactional tax, with an emphasis on M&A.
Over the research period, the group advised Cepas Argentina on its merger with Compañía Orfila and Viniterra. Moreover, the team is representing Toyota Argentina in a high-profile case against the Government of the City of Buenos Aires. The case regards the constitutionality of an increased rate of turnover tax for companies located outside of the city’s jurisdiction but selling their products within the city limits.
With 40 years of experience, Baker McKenzie has a strong reputation in its tax planning and tax litigation practice areas. The tax team specialises in tax controversy, general corporate tax, transactional tax and transfer pricing. It advises clients over a wide variety of sectors, for example tourism, retail, financial services and renewable energy. Martín Barreiro is the tax country coordinator and leads a three-partner team.
Over the research period, the tax group worked on numerous cases with both domestic and multinational firms. The group advised Starbucks on matters relating to the current royalty business structure of its Argentine and Mexican franchisees. Moreover, the team won a ruling for Magna regarding an income tax reimbursement proceeding against Argentine tax authorities.
The team recently hired associate Bárbara Roca and Lara Ines Paulucci Cornejo, who came from Basilico, Santurio & Andrada, and KPMG, respectively. This follows the departure of Agustina De Abaroa who left for public administration.
Founded in 1923, Bomchil’s strengths lie in tax controversy and tax advice on the domestic and international levels. Partner Alejandro Messineo is the head of the tax department and works alongside partner Ariadna Artopoulos. Their clients operate in many different sectors such as aerospace, consumer goods, financial institutions, infrastructure, media and renewable energy.
During the research period, the tax team advised clients on a variety of cases. In one case, they advised Albwardy Investments regarding the construction and management of their 2017 acquisition of Hotel Internacional Iguazú. Other clients included Viacom, Aeropuertos Argentina 2000, Enel Group, PepsiCo de Argentina and Alicorp.
Matías Olivero Vila leads the tax group at the prominent Bruchou Fernández Madero & Lombardi. The group consists of five partners and 15 lawyers who are active in the practice areas of tax controversy and tax advice. They advise clients in a wide variety of sectors such as agribusiness, capital goods, energy, financial services, security and travel.
During the research period, the team filed an action with the Federal Supreme Court challenging the constitutionality of a turnover tax withholding regime in Córdoba on behalf of Asociación de Bancos de la Argentina. This is one of the first cases on the issue presented before the court. It also began acting as defence for HSBC against an accusation of tax evasion.
“High availability and quick answers. Accurate advisory, high level of involvement.”
“Very professional feedback; open and honest communication. The firm provided alternative options to move forward with the initiative.”
“Bruchou presents a great capacity for negotiation and discussion with these organisations. They also give constant support in response strategies of the Company.”
Deloitte has six offices throughout the country. Its reputable tax team, led by Daniel Caracciolo, specialises in indirect tax, tax controversy and transactional tax with an emphasis on M&A. The firm works with clients in numerous sectors such as oil and gas, renewable energy and financial services.
In the past 12 months, the team has begun the process of filing for turnover tax credit reimbursements for several clients. It also worked with a large international financial institution to review the institution’s municipal taxes.
Miguel Tesón is the lead partner of the tax department at Estudio O’Farrell. The firm’s strengths lie in the practice areas of tax controversy, indirect tax and transfer pricing. Its clients range from a variety of sectors, including automobiles, agribusiness, pharmaceuticals, oil and gas and public utility services. The tax team includes four partners, two of counsel, and multiple accountants.
During the research period, the team won a Federal Supreme Court ruling for Telefónica de Argentina regarding the validity of the compensation of both Income and Minimum Presumed Income taxes with tax on debit and credit from bank accounts which was already paid. This ruling was used to decide another case in favour of Estudio O’Farrell client TMA.
The team grew with the addition of junior Nicolas Surace and semi-senior Antonia Díaz de Valdés Grebes.
“Reliable, prestigious, serious.”
Guillermo Pérez is the CEO of Grupo GNP, a professional services firm founded in 2006. Pérez leads a group of 35 people who work on business consulting, tax planning, tax controversy and transfer pricing for domestic and international clients. The firm’s strengths lie in general corporate tax, but it also works with family businesses.
Over the research period, the firm advised Talesun Energy regarding the start-up of the Caucharí Solar Plant. The plant will be the largest energy installation of its kind in the region and is the first sizeable solar plant in Argentina. The group also advised Concesionaria Vial Cruz del Sur on tax matters related to one of the first six public works under the new national programme of public-private participation. This was the first public tender under the new business model.
The past 12 months have seen the recruitment of seniors Facundo Alves and Salvador de los Heros. In addition, senior Julián Aparicio left the firm.
Laiún Fernández Sabella & Smudt is a boutique firm focused on corporate tax and transfer pricing. Specifically, the team specialises in transfer pricing, general corporate tax and indirect tax. It is also known for its tax advising and planning. Partners Fernanda Laiún, Florencia Fernández Sabella and Tomás Smudt lead the group.
Throughout the research period, the firm worked to regain VAT exemption for a non-profit organisation due to legislation changes. Additionally, the group was also able to gain a capital gains tax exemption for their client regarding a sale resulting in a stock transfer.
The team grew over the past 12 months with the addition of semi-senior Agostina Ambrosino, who joined from Lisicky Litvin & Asociados and senior Constanza Odetto who joined from EY. The team also lost senior Carolina Palacios who left for Despegar.
“We completely rely on their tax work and advisory because they work in a very professional way, both partners and employees.”
“Efficient and professional service.”
“I am very satisfied with their performance. Even in the difficult and changing Argentina Tax Environment, they are always able to provide simple and practical advice and are very good at understanding the requirements of multinational groups.”
The tax team at Marval O’Farrell & Mairal consists of 31 professionals led by five partners: Gabriel Gotlib, Horacio García Prieto, Walter Keiniger, María Inés Brandt and Fernando Vaquero. The Argentine powerhouse’s strengths lie in general corporate tax, tax controversy, indirect tax and transactional tax, with an emphasis on cross-border transactions and M&A. The firm is active in the agribusiness, private equity, energy and natural resources sectors.
Over the research period, the group won numerous lawsuits on behalf of American Express Argentina against six municipalities regarding local taxes for inspection services for commercial establishments. Furthermore, the tax team advised Terrífico Capital through the creation of a foreign private fund to be used to invest in cryptocurrency and Initial Coin Offerings. This represents one of the first forays into the cryptocurrency market.
MHR Martínez de Hoz & Rueda’s tax team is led by Maximiliano Batista. It has two Argentine offices, one in Buenos Aires and one in Neuquén. Clients vary among sectors, but the team has strong relationships with the oil and gas, financial services, nonprofit and renewable energy sectors. The group specialises in transactional tax, with an emphasis on M&A.
In one of the largest M&A deals in Argentina over the research period, the tax team advised ExxonMobil regarding Qatar Petroleum’s investment in ExxonMobil’s Argentine subsidiaries. Additionally, it assisted ExxonMobil Exploration Argentina regarding its purchase of capital stock in Oleoducto del Valle. The team also acted as deal counsel in the integration of Pan American Energy and Axion, forming the Pan American Energy Group. This is now the largest privately owned and operated integrated energy company in Argentina.
The firm was strengthened with the addition of partner Maximiliano Batista, who joined from Pérez Alati Grondona Benites & Arntsen (formerly Pérez Alati Grondona Benites Arntsen & Martínez de Hoz).
Mitrani Caballero & Ruiz Moreno is a full-service business law firm specialising in tax planning, tax controversy and transactional tax, specifically M&A and cross-border transactions. The tax team is led by partner Corina Laudato. Its clients belong to numerous sectors such as financial services, mining and oil and gas.
During the research period, the tax team advised LSC Lithium Corporation in a joint venture with Litica Resources. This venture represents the entrance of oil and gas companies in the lithium business. In another case, the group advised Mineros throughout their acquisition of the Gualcamayo gold mine. It also advised Echo Energy regarding its farm-in and joint operating agreements with Compañía General de Combustibles.
In terms of lateral moves, Juan Manuel Iglesias Mamone was hired as a senior associate from EY. This follows the departure of senior associate Federico Sanchez Almeyra, who left for the federal court.
Manuel Benites, the founding partner, leads the tax team at Pérez Alati Grondona Benites & Arntsen, along with partner Marcelo Nuñez. The team specialises in tax controversy, transfer pricing and transactional tax, specifically M&A and cross-border transactions. It works with clients in many sectors such as agricultural exports, automobiles, forestry & paper, oil and gas, pharmaceuticals and retail.
Throughout the research period, the tax group won a Federal Supreme Court ruling in favour of its client Petrolera LF Company against the Province of Tierra del Fuego regarding hydrocarbon royalties. Additionally, it successfully secured a large tax refund on behalf of Sinopec Argentina Exploration and Production after their client was charged an incorrect amount of tax.
Rosso Alba Francia & Asociados is a leading boutique firm founded in 2004. The firm specialises in international tax, tax controversy and transfer pricing. Along with its partners, associates and of counsel, the firm also employs two in-house transfer pricing economists and two accountants. It works with clients in the agricultural export, industrial manufacturing, food and beverage, construction and utilities, oil and gas and service and retail sectors.
In the past 12 months, the team advised Biosidus Corporation regarding its sale to ACON Bios Investors. Additionally, the group won a decision from the court of appeals on behalf of AB InBev against the county of Puerto Iguazú in relation to a municipal tax claim imposed on a subsidiary of the client. Clients gained over the research period include Molinos Rio de la Plata, American Express and Nidera.
The team grew over the past year with the hiring of senior economist Guillermo Grazzini, senior tax controversy lawyer Irina Mizhari, and junior tax associate Oriana Yennaco. Mizhari joined from Brochou, Fernandez Madero & Lombardi and Yennaco joined from Kechichian & Associates. This follows the departure of partner Juan Manuel Soria, who was selected to become a federal tax court judge.
The tax group at Tavarone Rovelli Salim & Miani – Abogados specialises in general corporate tax, transactional tax and tax controversy, on both the domestic and international level. The firm’s clients lie in the financial services and renewable energy sectors. Partner Gastón Miani leads the tax team at the firm, which also includes three senior associates.
Over the past 12 months, the team advised Goldwind China on an investment in renewable energy projects valued at $1 billion. The group also won a ruling in the Federal Supreme Court for Bayer against the Province of Santa Fe. The ruling regarded an unconstitutional turnover tax rate, which was one of the first rulings on the issue.