The tax team at Pérez Bustamante & Ponce can be noted for the variety of sectors in which it operates, including core areas in the Ecuadorian economy such as oil and gas and financial services, but also increasingly in the renewable energy sector. The group can also be highlighted for its strong focus on complex international tax matters, especially those related to transfer pricing. Practice head Juan Gabriel Reyes is often called upon for tax planning and structuring matters in Ecuador. Elsewhere, Carmen Simone-Lasso stands out for her work on the tax structure of financing projects. Juan Francisco Carrasco has a strong track record in front of local tax authorities. More widely, the group is known for its ability to represent clients in tax matters before all courts, including highly complex constitutional tax matters before the Constitutional Court, such as those relating to tax applications, for which associate Gianella Gallegos stands out.
Legal 500 Editorial commentary

Key clients

  • Corporación Quiport
  • IASA
  • Baker Huges
  • Visa
  • Unicomer
  • Autolider
  • Banco Pichincha
  • Glaxo Smithkline Ecuador
  • Moderna
  • Roche
  • Consorcio Petrolero Bloque 16

Work highlights

Assisted Corporacion Quiport with an application for an income tax exemption provided by the Free Trade Zone from the Ecuadorian Tax Authority.
Assisted Consorcio Petrolero Bloque 16 and others with tax disputes against the Ecuadorian Tax Authority regarding tax assessments for the temporary solidarity contribution.
Assisted Banco Pichincha with opposing a regulation which stipulated that Ecuadorian financial institutions must pay tax considering both sight deposits and their international investments as part of the tax base.

Lawyers

Leading partners

The strongest partners in their field, leading on market-leading deals and endorsed by peers and clients alike.

Juan Gabriel Reyes

Next Generation Partners

Junior partners with significant recognition from clients and peers in the market and key roles on multiple matters.

Practice head

Juan Gabriel Reyes