Tax
Pérez Bustamante & Ponce
More informationPérez Bustamante & Ponce continues to solidify its standing as a leader in the Ecuadorian market, with a tax department sought by leading food and beverage, oil and gas, retail, mining and consumer market clients. The team sources expertise from offices in Guayaquil and Quito to advise clients on their navigation of tax reforms and tax structurings as well as proceedings in front of the Tax District Court and National Court of Justice. The retention of clients such as Belcorp and Adelca means the team is regularly engaged to advise on relevant issues. Juan Gabriel Reyes spearheads the firm’s offering in the field, recognised in particular for his role in tax planning, an area of specialisation supplemented by his expertise in administrative and judicial tax claims. Carmen Simone-Lasso supports these efforts, applying knowledge of customs and international trade law issues, working alongside Juan Francisco Carrasco, who is active in advising companies in the energy, telecoms and infrastructure sectors. Other standout practitioners include directors Nicolás Maldonado-Zambrano and Alejandro Páez-Vallejo (with the latter promoted to the position in October 2022), handling family estate protection and tax optimisation matters, respectively. Jeannette Jarrin-Sevilla is also recommended for her work on double taxation avoidance agreements and corporate restructurings.
Testimonials
Collated independently by Legal 500 research team.
'The tax team has extensive knowledge of Ecuador's tax regulations and the Agreements to Avoid Double Taxation that the country has signed with other countries. This knowledge, added to the vast understanding they have regarding the industry, is excellent. Their extensive experience also adds to the prestige they have in the market.’
‘Juan Gabriel Reyes and Juan Francisco Carrasco provide us with a high-quality service. They show that they are aware of our needs and are ready to accompany us in the design and redesign of strategies that allow the company to optimise its tax burden. Their work shows the passion they have for what they do and for the service to the client, two characteristics that make them worthy of our trust and wide recommendation.'
Key clients
- Liberty Seguros
- Unicomer
- Gransolar
- Telefonica
- Adelca
- Belcorp
- Urbandata
- Arca
- Life for Tires
Work highlights
- Advising Grupo Transbel in order to disprove an FY 2018 income tax assessment.
- Acted on behalf of Unicomer in relation to an assessment by the Ecuadorian tax authority surrounding a solidarity contribution made in 2016.
- Advised Consorcio Petrolero Bloque 16 on a witholding tax refund claim requiring financial and tax analyses.
Lawyers
Practice head
The lawyer(s) leading their teams.
Juan Gabriel Reyes