Albagli Zaliasnik is a full service firm focused on corporate, litigation and intellectual property. Established in 1991, it has developed a tax team focused in particular on tax planning and tax consulting with an emphasis on M&A, advising sellers and buyers. In addition, the firm is active in litigation. Camilo Béjar leads the tax team that comprises two associates.
In the transactional sphere, the tax team represented the Chilean importer and distributor of interior design Empresas Busel on its merger with NMC International. Another interesting and complex mandate saw the firm representing the Peruvian cement producer Unacem on its purchase of Hormigones Independencia.
“Strong communication skills beyond simply articulating their expertise and experience. Industry knowledge and work experience were two great assets provide by Albagli Zaliasnik. Commitment to their role and responsibility was admirable in the whole process.”
Baker McKenzie’s biggest strengths are its corporate and transactional tax practice areas. The tax team is led by partner Alberto Maturana, who focuses on international taxation and tax planning with an emphasis on corporate, M&A transactions and foreign investment. The team is active in different sectors, including banking, technology, infrastructure and real estate. It has a large base of international clients.
Over the research period, the team worked on impressive cross-border M&A transactions. All of them remained confidential.
“Baker McKenzie has an accessible and knowledgeable team on Chile corporate and tax subjects.”
A leading firm in the Chilean market, Baraona Fischer & Cía has a strong tax team for advisory work, in particular focused on all the tax aspects of corporate matters, M&A transactions and financing. The firm also has a strong litigation practice area. The tax practice benefits from a highly qualified tax-compliance team of auditors. Key contacts in the tax team are senior partner Juan Manuel Baraona and partner Alex Fischer.
Over the research period, the group worked on a number of impressive matters, advising international clients. The only matter not confidential saw the group representing EuroAmerica’s business on its partial sale to the Zurich Insurance Group, through its subsidiary in Chile.
The firm lost senior associate Carla Maldonado who went to work as general prosecutor at Geti cobre.
“Great business acumen, responsiveness and overall knowledge of the Chilean tax system.”
Osiel González Azócar leads the tax group of the boutique firm Bruzzone & Gonzáles Abogados. Founded two years ago by experienced lawyers Paola Bruzzone Goldsmith and González Azócar, the firm has gained a reputation in the Chilean market in three areas of tax: corporate tax, private clients and tax consulting. It has an emphasis on different sectors, including retail, cellulose and forest, food and beverage, technology and financing.
The team worked on numerous matters. All remained confidential.
“It is a first class boutique law firm. Bruzzone & Gonzáles has an experienced team, technically solid. They are always close the client and its business. They always look for innovative solutions in order to meet our objectives.”
“Very professional, approachable, diligent, responsive and experts and at competitive rates.”
Private clients, domestic and international corporations are among the clients of Cabello & Cía, a boutique firm specialised in tax. The team is comprised of partners Hernán Fuentes Diaz and Juan Pablo Cabello Palma. They focus on tax consultancy, corporate reorganisations, tax litigations and compliance.
Over the research period, the team worked on the local reorganisation of Procter & Gamble. Other matters remained confidential.
The team strengthened the tax practice with the addition of senior tax lawyer Marta Muñoz, who was hired from EY.
A leading firm in Chile, Carey is among the top players in the tax area. The group includes lawyers, accountants and one economist and it excels in tax planning, consulting and litigation. The firm is regularly involved in the structuring of the most complex, national and international transactions. The group works in different sectors, including energy, infrastructure, technology and financing. Key contacts at the firm are Jaime Carey and Jessica Power.
Over the research period, the firm worked on an impressive number of matters with an emphasis on M&A transactions. All the deals and cases remained confidential.
In terms of lateral moves, the tax group hired associate Gastón Gallegos from CMS Carey & Allende. The team lost associate Manuel Alcalde who went to work for the Ministry of Finance.
Since its opening in 1923, the global accounting firm has been tied to the Chilean market developing a strong tax planning, consulting and advisory practice. Moreover, since 2015 Deloitte Chile and Deloitte Canada have combined their operations to provide more services in North and South America. Deloitte is one of the largest tax and legal services providers in Chile and it focuses on M&A transactions, family offices, litigation and transfer pricing. In addition, the team advises clients on the impact of the BEPS on clients’ operations.
Over the research period, the firm provided tax advisory to a large company on different projects and it provided tax advice on a merger between two financial institutions.
“I really appreciated the guidance provided by Deloitte with respect to the ruling we filed before the customs authorities. They provided very good advice and were supportive.”
“Great support, high level of involvement in operations/business.”
Legal tax compliance, tax consulting on VAT and international taxation are the main focuses of Grasty Quintana Majlis & Cía, a respected law firm established in 1987. The tax team has an emphasis on corporate reorganisations and investigation procedures before the Chilean Internal Revenue Service, and it represents family offices as well as foreign companies investing in Chile.
Mónica Justiniano is the leader of the tax team and an experienced tax attorney in Chile. All the matters were confidential.
“Excellent support and outstanding work.”
A leading firm in the Chilean market, KPMG offers services in general tax advice and planning, transactional tax, due diligence work as well as acquisition structuring. Francisco Lyon is the head of the tax group at KPMG, which is comprised of almost 200 members, including 11 partners, throughout six offices. The team is specialised in different sectors, including baking, mining, forestry, technology, energy and communications. In addition, the tax team has a strong transfer pricing practice area.
Over the research period, the team worked on numerous impressive deals and cases, advising domestic and international clients. All the matters remained confidential.
Since its foundation in 1994, Larrain & Asociadios Abogados has developed a tax practice focused on tax consultancy and litigation. Víctor Manuel Avilés is the head of the tax department. The firm has an emphasis on tax planning and on administrative and judicial cases at different level. It represents corporation and family offices on tax reorganisation and planning.
Over the research period, the tax team worked on different in-court and out-of-court cases representing domestic and international clients. All the matters were confidential.
“One of the best law firms for tax controversy in Chile, due to the level of their individuals.”
A strong firm in Latin America, Philippi Pietrocarrizosa Ferrero Du & Uría has a well-respected tax team in Chile. Corporate tax and private wealth are the primary focuses of the tax team that advises on tax planning and structuring, as well as M&A transactions. The firm represents national and international clients and it is active in an array of sectors, including banking, natural resources, agriculture and telecommunications.
Over the research period, the tax team worked on different impressive deals focused on M&A transactions. For example, it was part of the indirect acquisition by Scotiabank of part of the shares of Banco Bilbao Vizcaya Argentaria. The group represented the multinational Spanish banking group in Chile. Another interesting mandate saw the representation of Tal and El Rocío on its merger with Hortifrut. Other transactions remained confidential.
“Strong knowledge in both tax and corporate matters. Constant support and availability. Ability to react to needs.”
“Great advice, great planning, great execution.”
Puente Sur is a full service tax and accounting firm with more than 100 professionals, including lawyers, economists, CPAs, etc. Ignacio Gepp is the head of the tax department. He specialises on corporate tax and VAT structuring of M&A transactions, audit procedures and transfer pricing litigation issues.
Over the research period the firm represented different clients before the IRS for compliance purposes and clients before the Chilean Customs Authority and the Ministry of Finance. In addition, the firm was active in tax planning. In particular, the group had a special focus on the energy, finance and education industries.
PwC in Chile is among the top players in corporate and transactional tax. The firm is also a leading firm in the transfer pricing practice area. It offers services in international tax, tax compliance and consultancy and advises both international and domestic clients. The tax team has expanded its tax controversy practice area that includes 12 professional focused only on tax controversy and dispute resolution.
Over the research period, the tax team was part of many transactions. For example, it advised Salmones Ice-Val on the sale process of the company to another Chilean company. Another interesting mandate saw the team representing Mapfre Group on the sale of its corporate building. The tax controversy group advised local and foreign clients in different cases before the Chilean IRS and before the tax and customs courts. All the clients’ names remained confidential.
The tax controversy group made the addition of Joaquín Urra Trujillo, who left the Chilean Tax Administration.
Ulloa & Cía Abogados, founded in 2016 by Nicolás Ulloa and Adriana Zaidan, is a law firm specialised in tax matters. Despite its young age, it has grown and has acquired a reputation in the international tax area. In addition, the firm is very active in controversy. The firm offers services in domestic tax, corporate restructuring, income tax and inheritance tax issues. It is made up of tax lawyers and accountants and it has also a focus on tax compliance.
The tax team worked on different cases, all of them remained confidential. The firm strengthened its team with addition of lawyers María Teresa Aldunate, hired from Garrigues and José Miguel Sàez, hired form the Chilean Tax Authorities.
“Solid professional team with deep knowledge of tax legislation and excellent interpersonal relationship.”
“The performance of the firm has been very good, they have a very good disposition to understand the problems and propose specific solutions for each particular case, understanding the situation in depth and delivering practical solutions.”