Well-respected boutique law firm, Arias & Meurinne has gained a strong reputation in tax controversy. Founded in 2007, the law firm works on complex litigation and consultation regarding international and domestic tax issues. Pedro Arias Garrido, who is the partner focused on international tax and tax litigation, is the key contact at the firm.
In the tax litigation sphere, the team represented international companies and won several cases before the Mexican Supreme Court. Most of the clients remained confidential.
The tax team strengthened its practice with the addition of partner Leonardo Brizuela, who had previously worked as head tax litigator at Grupo Salinas.
A leading firm in the Mexican market, Baker McKenzie’s tax team includes 15 partners and over 70 professionals. The firm also includes economists and accountants across five offices in Mexico. Its biggest strengths are tax advisory, tax controversy and transfer pricing practice. In particular, the firm advises large oil and gas projects in Mexico.
During the research period, the tax controversy group worked on an impressive number of cases that involved international companies in Mexico. All the names are confidential.
The tax team welcomed the new partner Eliud Santiago who left the Mexico Tax Administration Service.
A leading law firm in Mexico, Basham Ringe & Correa is a top player in tax controversy and litigation at both federal and state levels. With offices in Mexico City, Monterrey and Queretaro the tax team is also very active in international transactions, tax audits and transfer pricing. Although the firm is strong in an array of sectors, it has a focus on the automotive industry. Its regular clients include financial institutions, international and domestic companies. Its international reach is also guaranteed by being a member of LexMundi, a leading association of independent law firms.
During the research period, the group represented Toyota, Turkish Airlines, and Alstom. In the litigation sphere, the group advised the pharmaceutical company Eli Lilly and it won the case.
In terms of lateral moves, the firm welcomed associate Gustavo Guillén from Deloitte.
A prominent firm in Mexico, Chevez Ruiz Zamarripa is among the top players for its expertise in high-level tax advisory, consulting, litigation, and transfer pricing. The firm maintains an impressive reputation in federal tax litigation, the practice area established in 1994. In tax consulting, the team supports clients in corporate structure and M&A, and it has specialised collaboration with the Mexican and foreign stock exchange.
The firm’s client list includes several industries, such as consumer and industrial products, energy and resources, retail, financial services, life science, real estate and manufacturing.
In 2018, the firm opened an office in Madrid, in addition to its three offices in Mexico and one in New York.
A distinguished firm in Mexico in the transactional practice, Creel García-Cuéllar Aiza & Enríquez has a strong tax team with a leading position in capital markets. In addition, the team has an emphasis on transactional tax, particularly focused on M&A and financial services. Alejandro Santoyo leads the tax practice that advises banks and international funds on investments in Mexico. Moreover, the it has added a transfer pricing practice area focused on transactional work.
During the research period, the tax team worked on a number of cases that involved financial institutions. A standout matter was to act as Mexican tax counsel to the lead Mexican underwriters and the initial purchasers in the IPO of the Fibra E in Mexico, considered the largest IPO since 2012. Another interesting mandate was the representation of Cornershop and its founders on tax matters related to the sale of its business to Walmart US. Other clients included RLH properties, Promecap and Howard Energy Partners.
In 2018, the firm welcomed associate Ramón de la Torre Medina who was tax adviser to the undersecretary for revenues.
“Very strong experience on tax matters. Highly skilled.”
Ricardo Gonzales Orta leads the tax team at Deloitte in Mexico, a leading firm with more than 95 partners and 21 offices in the country. Its biggest strengths are tax advisory and transfer pricing practice, in addition to a large volume compliance service. The audit firm has gained a reputation across a variety of sectors, with an emphasis on oil and gas, financial services, real estate and manufacturing. Moreover, it has expanded its controversy tax practice.
During the research period, the tax team firm worked on numerous matters advising international corporations and domestic clients. It advised different corporations in complex tax matters. Clients’ names are confidential.
The firm has kept growing, in particular in the tax controversy space. In 2019, it hired partner Oscar Molina, who left his position at the Mexican tax authority.
EC Legal Rubio Villegas’s history goes back to 1966 when the law firm was born under a different name to provide services on corporate and tax matters. Since its foundation, it has changed names a few times, merged with other law firms and it became known as EC Legal Rubio Villegas in 2017. It has grown to more than 90 lawyers and six offices, including a recent office opening in Querétaro. The firm has a strong reputation for advising on international trade and customs. The tax group includes four partners and has extensive experience advising clients from national and international tax perspectives. In addition, it has an emphasis on litigation.
During the research period, the team assisted Regal Beloit Corporation in different tax matters. In the litigation space, it worked on cases involving many large international corporations.
In January 2019, the team welcomed of-counsel Franco Herrera, who was the undersecretary for investment promotion at the Ministry of Sustainable Economic Development of Guanajuato.
One of the strengths of Escalantes & Asociados is its tax department. The firm is specialised in corporate and international trade and has developed a distinguished tax practice focused on tax consultancy and controversy. It advises clients on tax restructuring and regulations, in particular in accordance to the changes in the tax systems. In addition, it has an emphasis on tax planning related to different real estate transactions.
During the research period, the tax team worked on a number of cases, focused in particular on tax controversy and customs. The firm advised domestic and international clients on complex tax structures and before the tax authorities. All matters and clients’ names are confidential.
Galicia’s biggest strengths are tax consulting and litigation. Overseen by Gabriela Pellón, the practice includes another partner, a senior associate and four associates. It is very active in transactional tax and tax planning in connection with M&A and financial transactions.
During the research period, the group advised food company Grupo Bimbo on several matters, including the structuring of the company’s pension fund, as well as several legal and tax audits. Another interesting mandate was to advise SunPower Systems Mexico on several tax issues associated with the sale of different energy generation plants. The group was very active in the energy sector. Other clients included Blue Marine, Nueva Era Pipleline and Sanofi-Aventis.
The firm boosted the tax team with the addition of partner Federico Scheffler, who left SMPS Legal. Moreover, it hired litigation associate Nayely George who came from Ortiz Sasa & Asociados.
The tax lawyers at the Spanish powerhouse Garrigues excel in all the aspects of taxation in connection to M&A. The team regularly advises foreign companies that are investing in Mexico and has expanded its presence in private equity and financial services. It provides services in tax audits and is very active in tax controversy. Santiago Chacón leads the team that has a strong international breadth.
During the research period, the group worked on different transactions. One interesting mandate was the representation of the French company Edenred on the tax planning for the incorporation of its Mexican subsidiary. The team also assisted the Spanish company Viscofan and it subsidiary in Mexico on how to improve its supply chain from a tax and foreign-trade perspective. Other key clients included Latam Logistic and Enertis Solar.
In terms of lateral moves, the tax team strengthened itself with the addition of partner Manuel Llaca in tax controversy, who left KPMG. In addition, it hired associate Alam Rodrigo Carillo Alonso, who came from Chevez Ruiz Zamarripa.
The tax team at Goodrich Riquelme & Asociados is specialised in representing international companies investing in Mexico and is active in litigation at all judicial and administrative levels. Partner Sergio Ruiz oversees the tax team.
The group is active in different sectors, including pharmaceutical, mining, oil and gas, and transportation. It has a strong presence in Latin America and is a founding member of the Bomchil Group, the leading association of Latin American law firms.
During the research period, the team worked on different controversy cases involving specific procedures established in NAFTA.
Founded in 1994, Mijares Angoitia Cortés & Fuentes is a full-service law firm with a strong tax department that includes lawyers and accountants led by partner Manuel Tamez. Its strength is a focus on all the tax aspects related to M&A and cross-border transactions. It advises international and domestic corporations and provides services in tax advisory and assistance with complex state, federal and international tax issues. The team is active in an array of sectors, including energy, real estate, infrastructure and manufacturing and financial services. It is a member of the global organisation of independent tax advisory firms Taxand, which gives the Mexican firm an international breadth.
During the research period, the tax team worked on numerous transactions. It acted as legal and tax counsel for different domestic and international companies in connection with acquisitions. In addition, it was very active in providing advice on legal and tax matters to real estate developers investing in Mexico. All the matters and the clients’ names are confidential.
Muños Manzo & Ocampo is a boutique firm that has lately been very active on the tax aspects of M&A deals related, in particular, to the infrastructure and energy sectors. In addition, the firm continues to be active in the tax consulting and planning areas, representing foreign and domestic companies as well as private clients. Alejo Muños Manzo leads the group that includes four other partners and nine associates. In 2019, the firm celebrated its 10th anniversary.
During the research period, one interesting mandate saw the team representing BlackRock in a transaction that brought energy firm DEA Deutsche Erdoel to buy the Mexican company Sierra Oil & Gas. The deal was one of the biggest in Mexico after the enactment of the energy reform in 2014.
The team recently hired associates Ana María Caballero and Claudia García Camacho who both left Chevez Ruíz Zamarripa.
Nader Hayaux & Goebel’s team consists of 18 partners and more than 30 associates. The tax group advises public and private companies in connection with taxation matters involving M&A and capital markets transactions, equity funds and multiple cross-border transactions. In addition, the group advises clients on day-to-day tax matters and is involved in advising clients on tax matters relating to the recent reforms of the Mexican energy sector (hydrocarbons and electricity). Partner Ángel Escalante Carpio is a key contact at the firm.
Natera is a boutique firm that excels in tax and international trade consulting. It is also active in tax controversy. Its tax consulting practice group is involved in the design and implementation of structures for the establishment of businesses and subsidiaries in Mexico, as well as corporate reorganisations involving all kinds of acquisitions, mergers and spinoffs, whether domestic or international. The firm is also active in advising clients on complex project financing transactions that involve multiple jurisdictions. The practice also covers indirect taxes, such as value added tax, excise taxes, import and export duties, payroll and social security taxes, as well as local taxes.
During the research period, the firm worked on a number of cases in different industries, such as automotive, chemical, pharmaceutical, retail, oil and energy, infrastructure and mining.
In terms of lateral moves, the group made the addition of partner Fernando Castillo Aguila, who was hired from Ortiz Sosa Ysusi & Cía.
Since its inception in 1975, Ritch Mueller has been active in the development of Mexico’s financial and securities markets. A leading firm in the corporate finance practice, it has developed a strong tax practice focused on transactional tax advice with an emphasis on M&A and capital markets. Oscar López Velarde leads the team that includes another partner and 14 other professionals, including lawyers and accountants. Although its signature is the transactional tax practice, the firm has expanded with a tax controversy practice. The group has a variety of clients, including banks and investment funds, and it has an emphasis on the energy sector.
The team advised Thor Urbana on its acquisition of the Marina Town Center and represented CCLA on its structuring process to invest in Mexico. Another interesting mandate came from the representation of EVM Energía del Valle de Mexico Generador on its joint venture with General Electric.
A leading law firm, Sánchez Devanny’s biggest strengths are its transactional tax and controversy tax practice areas. The team provides services on tax planning in acquisitions and divestitures, advises national and international corporate reorganisations, and is very active in tax litigations at all levels. The group includes six partners and nine associates, with an emphasis on cross border tax consulting services. In addition, it is very active on tax planning for wealthy families investing in US real estate. The key contact is partner Ricardo León-Santacruz.
During the research period, the firm advised Grupo Empresarial Angeles on a number of international corporate and tax matters. Another mandate saw the team acting as tax counsel for the restructuring of the US private equity fund Investar Capital Partners in Mexico. Other clients included GMD Groupe Eurocast, AES Corporation and Repsol.
In terms of lateral moves, the tax team made the addition of Luis Antonio González Flores, who left the Mexican Tax Administration Service.
Tax planning, tax consulting and transfer pricing are the strengths of Skatt International Tax Firm, a Mexican firm specialised in tax services with 11 partners and more than 90 professionals. Managing partner Jaime Rojas leads the group that also has an emphasis on cross-border transactions. The firm is active in an array of sectors, including pharmaceutical, telecom, banking and private equity funds, energy and automotive.
During the research period, the group worked on a number of matters advising domestic and international clients; most of them remain confidential. An interesting mandate came from advising Ford Credit, the financing division of Ford Motor Company. Another complex case saw the group representing Cenace, the Mexican energy regulatory commission.
The firm continued to grow during the research period with the addition partner Cesar Gamez, who left EY Macera.
“Great technical expertise. The firm always offers great solutions to direct tax issues.”
“Fast and concise information and response. Clear way to explain. Very professional team.”
“It provides the implications on all kind of taxes and advises on the most conservative position and potential solutions.”
“Great to work with, quick response, and custom made solutions.”
“The firm has provided us with excellent insights about the tax laws in Mexico. It has also helped structure our business to comply with all the needs required by law and helped close deals using this knowledge.”
“Skatt's tax strategy was a simple solution, with a detailed proposal which was easy for the shareholders to understand and also easy to implement. The team always followed up the process, from its beginning until the end.”
The biggest strength of SMPS is its transactional tax practice related to M&A transactions. Jorge San Martín leads the team, with an emphasis on tax consulting in merger, acquisitions and corporate reorganisations of domestic and international companies. The team includes partner Ana Paula Pardo Lelo de Larrea who has extensive experience in international taxation. Although the transactional tax area is the firm’s signature, it also represents wealthy individual and family offices on estate planning and investment in Mexico and abroad. A litigation practice led by Christian Solís completes the broad offer of the firm.
During the research period, the team worked on numerous matters. A standout was the representation of Grupo Axo on various operations and the representation of Lufthansa Systems in Mexico. Other clients included Danone/Bonafont, Gentera and Maritimex.
A rising star in the tax market, VCG Partners is a tax advisory boutique firm founded in 2017. Despite its young age, it has been very active on transactional tax and corporate tax and focuses on the energy, infrastructure and agriculture sectors. Founding managing partner Antonio Vite leads the team that includes four associates and one of-counsel. In particular, the group focuses on the tax aspects of M&A, corporate restructuring and capital raising in private and public markets.
During the research period, the group assisted Grupo Turistore, a Mexican retail operator focused on international tourism, in relation to an equity investment made by two private equity funds. The firm’s client list also includes Acon Investments, Te Creemos Holding and Fondo Capital Infraestructura.
The firm recently welcomed Alejandra Avila and Ana Claudia Garcia, who started their career at VCG Partners.
Tax advice to clients in cross-border and domestic M&A and corporate reorganisation are the biggest strengths of international law firm White & Case’s Mexico office. Guillermo Aguayo is the head of the practice, which has an emphasis on financial services taxation and M&A. Overall, the team represents different financial institutions and large corporations. In addition to its transactional and corporate tax work, the firm is very strong in tax litigation.
During the research period, the group worked on numerous cases and deals. An impressive mandate saw it acting as legal counsel to the Newmont Mining Corporation on its $10 billion acquisition of GoldCorp. Another interesting mandate saw the firm representing Afirme Grupo Financiero. The tax team handled different litigation cases, which were confidential.
In terms of lateral moves, the firm hired associate Andrés González Meyer from Hogan Lovells.
“White & Case’s team met my expectations, was able to understand the strategy, to develop and reach it in a timely manner.”