Tax

Creel, García-Cuéllar, Aiza y Enríquez, S.C.

Underpinned by ‘really good understanding of the local legislation’, the ‘agile and reactive’ tax team at Creel, García-Cuéllar, Aiza y Enríquez, S.C. is one of the standout offerings in the market for transactional tax matters of all kinds, and is especially renowned for pinnacle capital markets’ matters with complex tax elements. Tax litigation is also handled by the practice, where it assists clients with complex, cross-border, financial and tax treaty-related cases. A broad client base regularly instructs the department but it is especially strong in the finance space, and more specifically in private equity. Omar Zúñiga leads the group and his practice has an emphasis on international tax. Jorge Correa is a key figure in corporate and international tax. Luis Vázquez is the main contact on the tax controversy side and is a well versed advisor to multinational companies and banks; while Luis Salinas is a younger partner of note who also handles tax controversy matters. Eduardo Brandt provides further depth to the transactional tax practice, and at counsel level, Laura Frías stands out for her transfer pricing expertise. Former practice head Alejandro Santoyo left the firm in June 2024.

Legal 500 Editorial commentary

Testimonials

Collated independently by Legal 500 research team.

‘They have a really good understanding of the local legislation and are always in line with the updates of the market. The collaboration they have with the client is outstanding.’
‘They are always available to catch up, really knowledgeable and it's easy for them to understand the client's business.'
‘Luis Vázquez is an experienced lawyer open to listening to client suggestions and comments.'
‘They have shown to have extensive knowledge about the topics covered in the projects in which we have collaborated and have helped us identify potential risks to cover. I believe that each member of the team usually plays an important role in the development of the project.'
‘Exceptional global coverage and advice, also going into all the aspects of the project like regulations, tax, legal structure, among others.'
‘The tax team of Creel, García-Cuéllar, Aiza y Enríquez is very robust, they have a high knowledge of current tax issues and can very quickly propose strategies to resolve even the most complex situations. We have worked on a couple of complex situations with the firm, and we have always found a way to resolve them in the most efficient way for all parties involved. They truly provide the added value we expect from a tax advisor.'
‘Jorge Correa's team is very good, it meets everything that is required: Availability, perfect understanding of the business aspects, proactivity in the resolution of complex situations, experience in the sector, and excellent connection with other lawyers, corporations, and authorities.'
‘Excellent professionalism and preparation in the tax field.'

Key clients

FIFA
Citibank
Innova Sport
Fresnillo PLC
General Atlantic
Fibra Uno
Amazon Web Services
Mexico Infrastructure Partners
Barclays Bank
Nissan Motor Company
Canadian Pacific Kansas City
Instituto Tecnológico y de Estudios Superiores de Monterrey (TEC)
Alstom
ArcelorMittal
Newmont Goldcorp
Oracle Corporation

Work highlights

Advising Citigroup Global Markets, BofA Securities, Barclays Capital, Morgan Stanley, Scotia Capital, and UBS Securities as the underwriters on the US IPO of 14,375,000 American Depositary Shares of Corporación Inmobiliaria Vesta.
Acted on behalf of multiple publicly listed companies to challenge the unconstitutionality of article 76, Section XX of the Mexican Income Tax Law and article 26, Section XI of the Federal Tax Code.
Advising Iberdrola on its corporate restructuring followed by the subsequent sale of 13 power plants (8.53MW) to MIP on behalf of the Mexican government.