Singled out for ‘its efficient way of solving problems’, the tax team at LOVILL advises an array of international clients on the structuring of cross-border transactions, regulatory compliance, the benefits available under Panama’s special tax regimes and the effects of tax treaties. The team also supports the firm’s active real estate department in advising on tax issues relating to real estate transactions and projects, and is equally adept at representing clients in tax disputes before the Panamanian courts. Dividing her time between Panama City and Tokyo, Elizabeth Heurtematte leads the practice and is noted for her experience in corporate tax structuring and estate planning. Isabel Cristina López is also a key contact, alongside newly promoted partners Alejandro Fung and Jeannette Bravo.

Legal 500 Editorial commentary

Testimonials

Collated independently by Legal 500 research team.

  • 'They are more proactive and less formal than their competitors.'
  • 'The team stands out for its efficient way of solving problems.'

Key clients

  • Ceva Logistics
  • Dekel Group
  • Visa
  • Grupo Terra
  • Pacifica Petroleum
  • Isthmian Investment
  • Unilever de Centroamérica
  • SGS Panama Control Services
  • M&A Capital
  • Riba Smith

Work highlights

  • Advising an individual client on the tax strategy for several real estate and fund investments in the US.
  • Advising Pacifica Petroleum on the renewal of its registration under the Legal Stability Regime in order to maintain the legal framework and tax benefits available in the Panama Pacifico special economic zone.
  • Advising a multinational company on the application of benefits under Panama's tax treaties to avoid double taxation on dividends to shareholders of the company.

Practice head

The lawyer(s) leading their teams.

Elizabeth Heurtematte