Uruguay

Reviews

Practice area

World Tax Reviews

Tax
Bergstein Abogados

Bergstein Abogados is a prominent firm in the Uruguayan market. The tax practice is led by Jonás Bergstein and comprises two partners and six other professionals, including partner Domingo Pereira.

The firm provides services in tax audits, tax advisory, exchange agreements and information requests from the tax office. This year, the firm assisted a German company which was establishing new wind parks in Uruguay. The firm advised the client on the possibility of its supplier having a permanent establishment in Uruguay and the consequences of this for income tax purposes.

Deloitte

The professionals at Deloitte provide services in tax planning, tax assessments, regional and international tax consulting, as well as reports on specific transactions. The firm's international tax service advises companies on the development and implementation of global strategies, while transfer pricing professionals assist with the structuring and documentation of transfer pricing.

The tax practice is led by Gonzalo Lucas. The team comprises three partners and 86 other fee earners. 

During the research period the firm assisted a client on a case related to tax benefits for a PPP project. It also supported a client in discussions with the government in relation to the common reporting standard.

Members of the team are frequent participants in tax conferences and events.

Ferrere

The tax team at Ferrere comprises 10 lawyers and 41 accountants. The firm advises on sophisticated tax structures and high-profile tax litigation cases

Gianni Gutierrez heads the practice and is widely regarded as one of Uruguay's leading tax experts. Gutierrez's specialisms include the tax aspects of M&A and financial products, as well as personal wealth planning. He has also led the defence in some of the most significant disputes raised by the Uruguayan tax authority.

During the research period the firm assisted timber company Weyerhaeuser with due diligence to prepare for the potential sale of the company's assets in Uruguay. It also advised the Canadian headquarters of CHC Helicopters on the design of its tax and regulatory structure for rendering transport services to French oil company Total.

Key clients of the firm include major multinationals such as Uber, IBM, Bayer and Diageo.

Grant Thornton

Nicolás Juan oversees the tax practice at Grant Thornton. The team comprises 23 professionals, two of which are partners.

During the research period the firm has advised Pluspetrol on the corporate tax exemption of the setting up of the business in Uruguay. It has also advised Sodimac on getting a VAT exemption when the company set up a new store in Maldonado, Uruguay. Further, it has assisted Vivion in the tax audit process carried out by the Uruguayan tax authority.

Guyer & Regules

Juan Manuel Albacete oversees the tax practice at Guyer & Regules. The firm has a multidisciplinary team, which comprises six partners and 48 other professionals.

The firm has been involved in some of the most important deals in the energy, oil and gas and banking sectors. Its professionals have also advised leading companies and government departments such as the Ministry of Economy on tax-related issues. The firm offers services in tax planning including local regimes, offshore activities and free-trade zone, tax audits, assistance with international treaties, M&A and business restructuring, with a focus on spin-offs, tax compliance, transfer pricing and outsourcing.

Over the past year, the firm advised Goldman Sachs in relation to a $140 million acquisition of a Uruguayan supermarket chain Tienda Inglesa. It also assisted Manchester City's parent company in purchasing a second division Uruguayan football club. Albacete and Juan Bonet advised on all fiscal aspects of the deal.