Tax
The financial sector is a key focal point for Brum Costa Abogados, and the tax team counts stockholders, financial advisers and the Montevideo Stock Exchange among its clients. Other prolific areas for the practice include the software and free zone sectors. The team’s strength in tax compliance sees it advise on changes to income tax and beneficial ownership regulations. It also has a successful tax litigation practice, with experience before the Administrative Contentious Court and the Supreme Court. Practice head Leonardo Costa has in-depth expertise in national and international tax regulations, regularly advising public bodies on the drafting of laws and advising on inspections by the tax administration. Associate Florencia Capelli is a name to note, bringing knowledge of free zones taxation to the team.
Testimonials
Collated independently by Legal 500 research team.
‘It is a firm that acts with great professionalism and seriousness. The team is very interdisciplinary, and they interact according to the internal organization, they distribute the activities to give them speed, professionalism, independence of opinions, and then do study and in-depth workshops on the topics of each client. A responsible and very correct treatment throughout the process.’
‘In my particular case, the presence of professionals who fully immerse themselves in the cases, being technically excellent professionals, gives me peace of mind that I am very well advised.’
Key clients
- Bolsa de Valores de Montevideo (BVM)
- Cámara de Zonas Francas del Uruguay (CZF)
Work highlights
- Assisted Distribuidora Uruguaya de Combustibles (DUCSA) concerning an unconstitutionality action against provincial tax regulation, the main issue of the dispute being the principles of equality and legality in tax law.
- Represented Laboratorio Tecnológico del Uruguay (LATU) in a case in which two companies claimed the return of the price that LATU charged for services and requested LATU not perform control activities.