Firms To Watch: Tax

Launched in April 2022, Cañon Thompson is a tax and wealth planning boutique that was founded following the restructuring of former tax-focused firm, Cañon & Cañon Abogados; co-led by experienced tax specialists Carolina Cañón and Eric Thompson, the group added seven new clients during 2022/23, including Adsmóvil and MO Technologies.
The December 2023 arrival of 30-year tax veteran Jaime Vargas - formerly the tax markets leader for northern Latin America at EY Colombia - marked the launch of the tax practice at Cuatrecasas' fast-growing Bogotá office; his specialisations include M&A, national and international tax planning, wealth planning, and industry specific taxation - particularly as regards the energy, petroleum and gas sectors.

Tax in Colombia

Baker McKenzie S.A.S.

The Colombian branch of Baker McKenzie S.A.S.’s formidable global tax group stands out for being ‘sensitive to the needs of the business’. The full-service practice demonstrates strong capability across all key pillars of tax law, with its recent experience spanning tax planning and wealth management, transactional support work, regulatory issues, dispute resolution and transfer pricing. The team is additionally recognised for its ability to plug into the wider firm’s international platform, which marks it as a popular choice to advise major multinationals on local issues, including Amazon, Chevron, and Public Sector Pension Investment Board. Among the names to note, high-profile tax expert Ciro Meza is sought after for his expertise in tax planning and consulting, and litigation. Meza co-heads the department together with transfer pricing specialist Gustavo Sánchez, and transactional tax partner Juan David Velasco, who joined from Posse Herrera Ruiz in April 2022. At associate level, Laura Durán and Andrea Jimenez are recommended. In November 2022, associate Carlos Gómez left to join Kuehne+Nagel.

Practice head(s):

Ciro Meza; Gustavo Sanchez; Juan David Velasco


Testimonials

The team is highly competent, close, and sensitive to the needs of the business.

Juan David Velasco is, in addition to a deep knowledge of tax matters, a person with a global focus who understands the international implications of a decision. He is very practical and works with a deep understanding of the business and the client’s concerns to accompany strategic decisions.

The Colombia team is super-responsive and always provides well-thought-out advice that considers our factual nuances. The Colombia team is also well-connected and is able to share valuable info that is happening behind the scenes.

Ciro Meza and associate Laura Duran make a fantastic team that works well together. As mentioned, they are super-responsive and have a deep understanding of our complex facts. They are easy to work with, and I feel like they are part of our team.

What makes the practice unique is the service and knowledge that the tax team provides.

Juan David Velasco is always available and, due to his experience, gives correct direction.

Key clients

Chevron Petroleum


Gate Gourmet


SierraCol Energy


D1


Mediterranean Shipping Company (MSC)


Altra Investments


Public Sector Pension Investment Board


Amazon


Google


Meta


Novator Parners LLP – Partners Telecom


Airbnb


Geopark Colombia


Femsa Indega


Alianza Teams


Cementos Tequendama


Minka


Yellowstone Capital Partners


Work highlights


  • Advising Novator Partners on its financing structure, its corporate structure and the tax regime in Colombia.
  • Advising Airbnb on VAT, income tax, contributions and the significant economical presence measures implemented by the Colombian government in the 2022 tax reform.
  • Advising Meta on a day-to-day basis on local laws and regulations that affect its business, as well as on its tax obligations in Colombia.

Brigard Urrutia

Brigard Urrutia’s tax team scores highly with sources for its ‘excellent knowledge and mastery of tax legal issues’. Covering the waterfront on tax law, the practice group enjoys a particularly prominent reputation for tax structuring and transactional tax work, where it is routinely engaged by leading domestic and regional companies, including recent mandates for Valores Industriales, Transportadora de Gas Internacional and Linea 2 Metro de Bogotá. The department also houses significant contentious expertise, including on transfer pricing matters. Tax litigator Catalina Jaramillo stands out for her ‘knowledge and experience’ and regularly handles complex constitutional litigation. Sh co-heads the practice in conjunction with tax planning partner Andrés Hernández, who is noted as ‘a leader in the Colombian tax arena’; and the deeply experienced Adrián Rodríguez – a January 2022 hire from Lewin & Wills, Abogados – whose broad practice encompasses international and national corporate taxation, foreign investment ,and transactional tax. Other key contacts include Daniel Duque, who was raised to the partnership in July 2023. Senior associate Zaira Cortés left in August 2022 to study abroad.

Practice head(s):

Catalina Jaramillo; Andrés Hernández; Adrián Rodríguez


Testimonials

Among its strong points, the team is highly committed to the client’s needs, to the point that it seems like an internal employee of the client, understanding the problem from the client’s internal point of view, so that the proposed solutions are truly effective.

Andrés Hernández is a highly committed partner, who works alongside the entire team, contributing his knowledge and experience.

The team is the best in its field. It has partners with extensive experience and excellent knowledge of the sector in which we work. Associates answer inquiries promptly and sufficiently.

Despite his young age, Andres Hernandez has been a leader in the Colombian tax arena for many years. He has been consistently rated and praised as innovative, thorough, and close to clients. I have witnessed all this through a long relationship with the top law firm Brigard Urrutia, and him personally.

The team demonstrates excellent knowledge and mastery of tax legal issues, as well as great customer attention.

Catalina Jaramillo is very up-to-date on tax issues, she brings knowledge and experience.

Key clients

Multienlace


Productos Familia


Transportadora de Gas Internacional (TGI)


Nitro Energy Colombia


Caribbean Financial Group


Línea 2 Metro de Bogotá


Linio


Orosur Mining Limited (Minera Anzá Colombia)


Siderurgica del Occidente


Fanalca


Work highlights


  • Advised Valores Industriales on the design and implementation of a structure to sell a significant interest in one of the major hygiene companies in Colombia, Productos Familia.
  • Advised Multienlace on the preparation of two statements of claim for fiscal years 2012 and 2009 regarding the amortisation of the expense of the commercial credit triggered on an M&A transaction.
  • Advised Línea 2 Metro de Bogotá on tax matters related to the construction of the metro in Bogotá.

Gómez-Pinzón Abogados (GPA)

Tax lawyers at Gómez-Pinzón Abogados (GPA) are commended as ‘practical and to the point’ and as possessing ‘real industry experience’. As the Colombian member of global tax advisors network, Taxand, the team is well placed to advise on tax planning for national and cross-border matters, including transactions and foreign investment. Other practice strengths include corporate reorganisations, infrastructure projects, tax litigation and transfer pricing. Managing partner Mauricio Piñeros steers the department and brings to bear 35 years' experience in handling tax planning, transactional tax, investigations and contentious matters for domestic and multinational clients. Other highly regarded specialists include Álvaro Andrés Díaz, who specialises in tax litigation and transfer pricing, and next-generation partner Carolina Bobillier, who is noted for her niche expertise in labour-related tax and the special tax regime applicable to non-profits. The group also attracts praise for the experience of its senior associates, particularly Alejandro Sanabria (‘creative and resourceful’) and Alejandro Sotello. In September 2022, Ignacio Vélez left to become an independent lawyer.

Practice head(s):

Mauricio Piñeros


Testimonials

The Gómez Pinzón tax team is exceptional. It has the advantage of having a senior associate who understands the objectives of the clients, and seeks and finds solutions, who is backed by a partner that supports you in the process and analysis.

Senior associate Alejandro Sanabria is creative and resourceful, and perfectly understands his area of expertise to support every detail of the proposed solutions.

The partner is constant throughout the execution of the project. In addition, senior associates have extensive experience and seeks to solve the client’s problem.

Lawyers are practical and to the point, have real industry experience, and know the issues.

Key clients

Avianca


Bavaria


Ecopetrol


Enel Colombia


Latam Airlines


Almacenes Éxito


Booking Com International


Sodimac Colombia


Termobarranquilla


Sacyr Concesiones Colombia


Universidad de La Sabana


Heel Colombia


Concesión Runt


Partners Telecom Colombia


Grupo Meiko


Merqueo


Atlas Energy


Atlántica Energy Colombia


Isagen


Work highlights


  • Represented Enel Colombia in tax litigation related to foreign investment.
  • Advised Partners Telecom Colombia (WOM) and its affiliates on all tax-related issues, including day-to-day operational matters and multi-jurisdictional financing transactions.
  • Advised Universidad de La Sabana on the tax planning of the compensation structure of the University’s senior management employees.

Lewin & Wills, Abogados

Widely recognised as the market’s leading tax boutique, Lewin & Wills, Abogados is a destination practice for both day-to-day matters and complex tax structuring. With experience across all key areas of corporate tax, including transactional tax, reorganisations, customs tax and litigation; the group also houses a sizeable private wealth department. Managing partner Alfredo Lewin is regarded by many as the dean of Colombia’s tax bar and has a marked focus on cross-border transactions, private wealth-related matters, transfer pricing, and dispute resolution, including arbitration. Senior consultant Luz Clemencia Alfonso also maintains a broad tax focus, with notable expertise in customs, international trade and foreign exchange controls. Other key contacts include Juan Andrés Palacios, who handles corporate tax, estate planning and litigation; and Federico Lewin, who is noted for international taxation. The team additionally benefits from a deep pool of associates, including César Sánchez and Daniela Garzón. Senior associate Mayerly Collazos left the firm in May 2022.

Practice head(s):

Alfredo Lewin


Philippi Prietocarrizosa Ferrero DU & Uría

The tax team at corporate powerhouse Philippi Prietocarrizosa Ferrero DU & Uría is ‘creative and makes use of all possible resources’, according to sources. As the third-largest practice in the firm by turnover, the thriving group stands out for its activity across the full spectrum of contentious and non-contentious matters with transactional tax — where it routinely teams up with its top-tier corporate unit — standing as a sweet spot. Clients also benefit from its standalone transfer pricing practice, which specialises in advising on cases concerning Chile, Colombia and Peru. Managing partner Martín Acero is distinguished by his focus on tax law, and corporate and M&A work, which uniquely positions him to provide comprehensive advice on transactional tax. Carolina Rozo is sought after for her strength in tax planning, corporate tax structuring, and litigation. Barranquilla office head Héctor Ramírez co-heads the department alongside Acero and Rozo and is noted for his recent activity in cross-border tax matters. At associate level, principals Leonardo Cote and Verónica Barone are names to note.

Practice head(s):

Martín Acero; Carolina Rozo; Héctor Ramírez


Testimonials

The team is creative and makes use of all possible resources. Lawyers manage a broad level of knowledge of legislation from other countries.

The team seeks the best for its clients. There’s always a solution.

Key clients

Organización Ardila Lulle


Grupo Energía Bogotá


Cepsa Sucursal Colombia


Procaps


Fiduciaria de Occidente


Jaramillo Mora


Kuehne Nagel


Terranum


Carvajal Propiedades e Inversiones


Auteco and Auteco Mobility


Work highlights


  • Advised Softys on the design and implementation of the regional transfer-pricing policy, which was drafted to achieve the overall corporate strategy of the multinational group.
  • Advised Hojalata y Laminados on several matters, including on two separate transactions whereby shares in Hojalata y Laminados — held by other shareholders — were acquired by Ferro.
  • Advised Grupo Energía de Bogotá on the alternatives, from a corporate and tax point of view, to enable it to create a shared services centre, which would be in charge of rendering several administrative services to the group’s local and international subsidiaries.

Posse Herrera Ruiz

Posse Herrera Ruiz’s tax group finds favour for its ‘extensive experience in planning national and international operations’. The full-service practice secures high-level work across a varied mix of contentious and non-contentious matters, with strong showings in transactional tax (including large-scale reorganisations), tax planning and litigation. Indeed, its established reputation in the tax area was recently demonstrated by its advice to the Colombian Government, via the Ministry of Commerce, Industry and Tourism, on an analysis of the regulatory changes needed to increase the country’s exportation-of-services capacity. The department notably fields one of the deepest benches in the market — split between the firm’s Bogotá, Medellin and Barranquilla offices — which is led by go-to tax expert Juan Guillermo Ruiz (‘proposes innovative solutions tailored to the client’). Other senior names include tax litigator Juan Camilo De Bedout and tax planning specialist Jaime Gómez. In June 2022, associate Daniel Ortegon joined from EY Colombia. Transactional tax specialist Juan David Velasco left the firm in April 2022.

Practice head(s):

Juan Guillermo Ruiz


Testimonials

It is a large team with extensive experience in planning national and international operations. It also has associates with experience in processes and litigation with the administration, which adds value to the support of the firm.

Jaime Gómez is very receptive to the client’s needs and seeks to have complete knowledge of the situation in order to propose alternatives. Juan Guillermo Ruiz proposes innovative solutions tailored to the client.

PHR’s recent work with us (a multinational corporation) reflects its great technical knowledge of tax issues and, very importantly in our case, its experience in litigation with the authority. Compared to other law firms, it seems to us that PHR is very solid in its advice and clear in its strategy.

The people on the team, in addition to their technical competence, have a clear vocation and service, we highlight Juan Camilo de Bedout and his team.

The litigation team is extraordinary. The firm’s lawyers are first and foremost people, as well as being knowledgeable about their fields of practice. I can  particularly mention Juan Camilo de Bedout.

Key clients

Amazon


BHP Biliton


Inteconexión Eléctrica Colombia Panamá


Protección


Northland Power


Grupo Uribe


Better Schools


Vestas


Greenland Investments


Ministry of Commerce, Industry and Tourism (IDB)


Work highlights


  • Advised BHP Billiton on the tax compliance aspects of the sale of its stake in Carbones del Cerrejón.
  • Advised Protección on defining the different tax implications associated with the segregation of the assets related to the management of pension risks from its current operative company.
  • Advised the Colombian Government on the analysis of the regulatory changes needed to increase the exportation of services capacity of the country.

Dentons Cardenas & Cardenas

Among Dentons Cardenas & Cardenas’ main attributes, it stands out for its ability to draw on the wider firm’s global network for support on cross-border tax matters, which is a key advantage for multinational clients. A strong performer in transactional tax, including corporate, finance, and capital markets-related work, the team also routinely advises on tax litigation. Experienced sector specialist Camilo Cortés covers the full range of contentious and non-contentious tax law, with a focus on tax planning, advisory, and transaction structuring. Cortés co-heads the department together with Carmen Sanabria, who handles tax litigation and advisory matters; and transactional tax partner Ernesto Lopez. Senior associate Nathalie Medina provides capable support.

Practice head(s):

Camilo Cortés; Carmen Sanabria; Ernesto Lopez


Testimonials

We value the team for its strong ethics and total responsibility. The firm demonstrates total interest in resolving the client’s requests by making the best professionals available to the client according to the area to be examined.

Key clients

Banco de Desarrollo de América Latina (CAF)


Banco de Occidente, Banco de Bogotá and Corficolombiana


Gran Tierra Energy


Inversiones Actual Colombia


Fondo Corredores Davivienda


CI Colombian Mint


Express Luck


Lafayette Group


TP Consultancy


Applus Servicios Tecnológicos


Deva Capital Investment Company


Cabot


Berlitz


Hunter Douglas


Ogilvy & Mather


Wunderman Thompson


Mediacom


Wavemaker


Work highlights


  • Advised Banco de Desarrollo de América Latina (CAF), as lender, on a $250m unsecured credit facility granted to Bancoldex, including tax matters.
  • Developed a preliminary economic analysis for CI Colombian Mint concerning exports of gold and silver concentrates to independent parties to guarantee that transactions are aligned with the arm’s length principle for local fiscal issues.
  • Advised Deva Capital Investment Company on the planning and execution of a tax-efficient transaction structure in relation to its assignment of rights held in a Colombian and Peruvian trust to US company, JCAP CFG Holdings.

DLA Piper Martinez Beltrán

DLA Piper Martinez Beltrán houses a prominent tax litigation practice, which is routinely engaged to handle complex tax controversies, including transfer pricing cases and constitutional law matters. On the non-contentious front, the group possesses extensive experience in transactional tax, as well as tax planning, international trade and foreign investment incentives, and wealth planning. Key partner Andrés González handles a wide scope of matters, with an emphasis on tax planning, private wealth and transactional tax. González co-heads the department together with tax litigator César Camilo Cermeño, who is noted for his ‘sharpness when presenting litigation strategies’; and Laura Galeano, who joined in January 2023 from Garrigues. Associate practice director Maria Alejandra Buitrago left the firm in December 2022.

Practice head(s):

Andrés González; César Camilo Cermeño; Laura Galeano


Testimonials

César Camilo Cermeño is a magnificent lawyer; his client service and availability, as well as his sharpness when presenting litigation strategies, make it a pleasure to work with him.

We recommend César Camilo Cermeño; his competence and soft skills are outstanding.

Key clients

AB InBev


Grupo Avianca


Shell


Enel Group


DiDi


Alpina


Chevron


Centrales Eléctricas de Nariño


Zona Franca de Barranquilla


Zona Franca de Cartagena


Zona Franca de Palmaseca


G4S Security


OLX


Macquarie Asset Management


Vinci


Kimberly Clark


Celsia


Copa Airlines


Grupo Mexichem (now Orbia)


Southern Cross


Darnel Group


Genser Power – Proeléctrica


Termotasajero


Fondo Gibraltar


Grupo Trafigura


Acueducto Metropolitano de Bucaramanga


Sony


Giros y Finanzas


Seguridad Superior


Península


Grupo Valorem


Black & Decker


Marsh


Zinobe


Barry Callebout


Acon Investments


Gerdau Diaco Group


Work highlights


  • Representing Trafigura Group in seven tax litigations.
  • Advising Shell EP Offshore Ventures on the tax structuring of its participation in three E&P offshore agreements, as well as on day-to-day tax matters.
  • Representing Avianca in several tax disputes.

EY Colombia

EY Colombia fields one of the largest teams in the market, with over 80 lawyers dedicated to tax work, including eight partners. The team’s enviable size translates into a full-spectrum practice, which provides specialist offerings in various niche areas of taxation — including transfer pricing and technology tax — alongside strength in transactions, international tax, tax litigation and customs matters. Transfer pricing expert Andrés Parra co-heads the team together with international tax partner Luis Orlando Sánchez, and tax litigator Margarita Salas. Jaime Vargas, who specialises in transactional and energy taxation, and transactional tax head Aleksan Oundjian are also recommended.

Practice head(s):

Andrés Parra; Luis Orlando Sánchez; Margarita Salas


Key clients

3M


Unilever


Decameron Hotels


Johnson & Johnson


PriceSmart


EDF Colombia


LifeMiles


Cisco Systems Colombia


Didi


Prontomas Holdings UK


Work highlights


  • Advising Akzo Nobel Sourcing on buy-side tax structuring and diligence services connected to its acquisition of a participation of stake in Grupo Orbis.
  • Advising various clients on their advance pricing agreement (APA); a procedural agreement between one or more taxpayers and one or more tax authorities that aims to avoid any transfer pricing disputes.

Goh

Tax is a mainstay at Goh, with sources commending its ‘great knowledge of the legal environment coupled with practical experience’. The comprehensive practice shines in tax planning, transactional tax and litigation, including transfer pricing; it is also distinguished by its formidable expertise in energy and natural resources-related tax matters. Founding partner Catalina Hoyos is a high-profile tax expert and fronts both the tax law and the tax litigation teams. Co-founding partner Juan Pablo Godoy is recommended for his emphasis on tax relating to the extractive industries. Rounding out the partner-level group, Mónica Inés Hernández handles a mix of advisory, litigation and transfer-pricing compliance matters. Associate director Catalina Amaris is also noted. Associate director Luís Felipe Noreña left for ISA Interconexión Eléctrica in May 2023.

Practice head(s):

Catalina Hoyos; Juan Pablo Godoy; Mónica Inés Hernández


Testimonials

Goh stands out for the commitment and dedication of its partners and associates, who also demonstrate understanding of the business and interest in resolving aspects of tax matters.

Partners Catalina Hoyos and Juan Pablo Godoy are recommended because of their specialisation in the telecoms industry. The group also includes associate director Catalina Amaris.

Great knowledge of the legal environment coupled with practical experience and commercial awareness.

Key clients

Empresas Públicas de Medellín (EPM)


Grupo Ecopetrol: Ecopetrol, Oleoducto Central, Cenit Transporte, Oleoducto de Colombia, Hocol, Interconexión Eléctrica (ISA Group: ISA, Intercolombia, Transelca, XM, Internexa, Concesión Costera)


Quala Group


Uber


Louis-Dreyfus


SURA Group


Colombia Telecomunicaciones (Telefónica Group)


Credicorp Capital


Airbnb


Cepsa Group


Alpina Group


Occidental Petroleum Corporation (OXY)


Despegar


Keralty Group


Work highlights


  • Successfully advised legal tech start-up, Yustii, on qualifying for the patent box tax regime in Colombia.
  • Advised Interconexión Eléctrica on the tax implications of the energy expansion project in Chile and other LatAm Countries.
  • Represented Hocol in tax litigation regarding government takes (royalties).

Quiñones Cruz

While it specialises in the full scope of tax matters, boutique firm Quiñones Cruz is arguably best known for its formidable litigation firepower. In particular, the group is recognised for its record of success, with a 90% win rate in sums under discussion since its establishment in 1978. Among the names to note, founding partner Lucy Cruz is a go-to tax litigator, with a remarkable reputation for constitutional tax cases. Natalia Quiñones also enjoys a strong market profile for her activity in international tax. Other key contacts include tax litigator Diego Quiñones Cruz. In July 2022, senior associate Nathaly Higuera left to join Deloitte Asesores y Consultores and has since moved in house at Bavaria.

Practice head(s):

Lucy Cruz de Quiñones; Diego Quiñones Cruz; Natalia Quiñones


Garrigues

The ‘highly reactive and capable’ tax practice at Garrigues is well weighted between advisory, transactional, and contentious work, while it is particularly active in the financial services, energy, private security and auto distribution sectors. Camilo Zarama spearheads both the tax litigation group and the wider department; he possesses significant experience in M&A transactions and corporate tax matters. In February 2023, the group was strengthened at top-level with the hire of Mónica Bolaños from Deloitte Asesores y Consultores, where she was formerly lead M&A and international tax partner for Colombia and the Andean Region. Senior associate Andrea Méndez  is also recommended. Experienced of counsel Laura Galeano departed in January 2023. Senior associate Oscar Munevar left for KPMG in Colombia in September 2022.

Practice head(s):

Camilo Zarama


Testimonials

The team is highly reactive and capable, with a true understanding of the client’s needs. Communication and interaction with the team is also very smooth.

The Garrigues Colombia tax team is highly trained and up-to-date with the latest developments in tax law. Its attention to detail in response and analysis of the case, and its availability, allows for a quick and clear assessment of each matter, as well as being able to identify the risks for our company.

Senior associate Andrea Méndez stands out for her expertise in the tax structuring of complex transactions, as well as for her dedication in the various matters we have worked on together.

Garrigues is unique. Strengths and abilities of the team are: it always gives added value to any consultancy, it is characterised by innovating with strategies to solve the situations raised. It also provides personalised treatment; it generates trust and outperform sother firms favourably.

Lawyers are always up-to-date, they have extensive experience, they innovate alternatives to solve any situation, and they are also kind.

Key clients

Nubank


Solarpack


Coorserpark


Cubico


Prosegur


Aqualia


GTD


Puerto Bahia


Massy Motors


Winner Group


Messer Colombia


Eiffage Marine


Rindegastos


Fedeseguridad


Rohatyn Group


Work highlights


  • Advised FCC Aqualia on the tax aspects of the acquisition of Saur Colombia.
  • Advised Nubank on the process of becoming a financial institution in Colombia, from a tax perspective.
  • Advised Solarpack on the application of Law 1715, which deals with tax benefits applicable to power generation projects from unconventional sources.

Jimenez Higuita Rodriguez & asociados

As the Colombia member firm of Andersen Global, Jimenez Higuita Rodriguez & Asociados is well placed to advise national and multinational clients on tax matters. Key areas of practice include tax planning, customs, transactional tax and litigation, with a focus on the financial services, healthcare, infrastructure, technology and food and beverage spheres. Managing partner Julián Jiménez brings to bear hands-on regulatory expertise gained during a stint at the Directorate of National Taxes and Customs (DIAN). Other key partners include tax planning partner Jairo Alberto Higuita, tax litigator Bibiana Buitrago, and Carlos Giovanni Rodríguez. Former associate director Andrés Pachón Luna was promoted to partner in May 2023. Since publication, the firm has merged with Esguerra Asesores Jurídicos to become Esguerra JHR - effectve as of February 2024.

Practice head(s):

Julián Jiménez


Other key lawyers:

Jairo Alberto Higuita; Carlos Giovanni Rodríguez; Bibiana Buitrago; Andrés Pachón Luna; Carolina Martínez Alvarado; Andrés Guevara González; Susana Casas Valencia; David Jiménez


Testimonials

We value the team for its broad knowledge of tax regulations.

We recommend lawyers for their knowledge and availability to converse verbally, including the partner in charge of the bill.

Key clients

Bolsa de Valores de Colombia


GHL Hoteles


Corficolombiana


Grupo Hada


Grupo Ethuss


Femsa- Coca cola


Parque Arauco


IT Security


Procolombia


Nuevo Cauca


Zona Franca


Dinissan


SGS


Banco de la República


Webhelp


BAM


Colpatria Mercantil


Work highlights


  • Advised Bolsa de Colombia, Peru and Chile on the creation of a regional holding.
  • Advised GHL Hoteles on its partnership agreement with Advent International.
  • Advised ProColombia on the creation of an information platform for investors at a global level.

Mauricio A. Plazas Vega Abogados & Asociados

With ‘excellent technical knowledge of Colombian tax regulations,’ Mauricio A. Plazas Vega Abogados & Asociados sets itself apart through its impressive contentious capability. In particular, the boutique firm is noted for its focus on representing clients in administrative litigation and nullity actions against regulatory tax decrees. It also handles tax planning, consultancy matters, and transactional tax, including reorganisations. The ‘technically very strongMauricio Plazas Vega leads a department that also draws on tax litigation head María Catalina Plazas and Mauricio Mendoza Méndez, who specialises in the not-for-profit sector. Young partner Mateo Vargas — deputy director of the litigation practice — is also recommended.

Practice head(s):

Mauricio Plazas Vega


Testimonials

The advice of the law firm is comprehensive, with sufficient knowledge and ownership of the issues. The team allows and accepts opinions and the raising of additional concerns.

Lawyers are very professional and their concepts are easy to understand and very complete. The people on the team are clear, they have experience, they are friendly, they are respectful of the client, both with time and with knowledge. It is very pleasant to work with them.

The team is very competent and has excellent technical knowledge of Colombian tax regulations.

Key clients

Cafam


Caja Colombiana de Subsidio Familiar (Colsubsidio)


Comfenalco Santander


Caja de Compensación Familiar Compensar


Grasco


Cemex Colombia


Tonemax (in liquidation)


Zulu


Yanbal De Colombia


Diaco


Work highlights


  • Represented Yanbal in a judicial tax dispute aimed at annulling a sanction issued by the Municipality of Cartago for allegedly not declaring the industry and commerce tax for the 2016 taxable year.
  • Represented Caja de Compensación Familiar Compensar in a judicial tax dispute against a municipality concerning improper industry and commerce tax collection.
  • Advised Caja Colombiana de Subsidio Familiar in a property tax dispute.

Cahn-Speyer, Paredes & Asociados

Cahn-Speyer, Paredes & Asociados is recognised for its longstanding focus on tax work. The firm is particularly active in tax planning, transactional tax, and tax litigation, with significant expertise in foreign investment-related matters. High-profile sector specialist Paul Cahn-Speyer enjoys a strong profile in the market for his extensive experience across all key pillars of tax law.

Practice head(s):

Paul Cahn-Speyer


Cañón Asociados

Tax boutique Cañón Asociados has hit the ground running since its establishment in early 2022, when it emerged following the restructuring of former tax-focused firm Cañon & Cañon Abogados. The team acts for local and multinational companies and individuals on a comprehensive spread of domestic and international tax planning, from advising on municipal taxes and double taxation treaties, through to complex tax litigation. Tax specialist Carlos Andrés Cañón, who is also a qualified public accountant, co-heads the group together with senior associates Sebastián Bohórquez and Carolina Acosta.

Practice head(s):

Carlos Andrés Cañón; Sebastian Bohorquez; Carolina Acosta


Key clients

Milpa


ROCSA Colombia


Brasil Government – Brasil Embassy in Colombia


Chiper


Magnético Holdings


Continua Energy


Savant Pharma


Rosmi


Grupo Carrera


Profitline


Work highlights


  • Advised Milpa on various matters, including on the shareholder reorganisation of the company and tax optimisation for dividends and profit sharing.
  • Advised Continua energy on the international investment strategy for the development of energy investment projects worth up to $400m.
  • Advised the Brazil Government on the negotiation of a double taxation agreement between Brazil and Colombia.

CMS Rodríguez-Azuero

CMS Rodríguez-Azuero is valued by sources for its ‘quick reactivity in the face of continuous last-minute requests’. The group handles a broad spectrum of tax planning, tax structuring and contentious matters, with particular experience in customs law and foreign exchange-related matters. Department head Santiago Arbouin additionally heads the customs and trade practice; he advises on local tax, international tax, and customs duties and related matters. Associate director Nicole Ríosexplains matters clearly and simply’ and provides capable support on a wide range of tax matters. Associates Natalia Recio and Laura Rodríguez are also recommended.

Practice head(s):

Santiago Arbouin


Testimonials

The main point to highlight of the team is its quick reactivity in the face of continuous last-minute requests. They are always willing to attend to our needs and requirements as a priority, which makes us feel like special clients and above all partners, helping us to push towards the same side.

Associate director Nicole Rios handles tax issues very well, and explains matters clearly and simply. Her English language skills are also at a high level, which facilitates international interactions. Santiago Arbouin unconditionally supports Nicole, and also permanently accompanies the entire process.

The team maintains good interpersonal relationships, demonstrates genuine concern for the problem, and provides adequate knowledge and support.

We highlight the outstanding clarity and experience of Santiago Arbouin.

Key clients

EDF Group Electricité de France


Vygon Colombia – Vygon Group


Bamboo Payment Systems


Chemyunion Group


ALPLA Group


Ceramica Italia


Fpay


Scania Finance Colombia


Kravata


Berlitz Colombia


Kiva Corporation


Productos especiales de concreto (Preconcretos)


Haskell


Brückner Group


Kiva Corporation


Work highlights


  • Advised EDF on the tax structuring and tax planning for the incorporation of a legal vehicle in Colombia.
  • Advised Vygon Colombia on the implementation of a transfer pricing policy at the group level, which is practical when adapting to the Colombian subsidiary, taking into consideration accounting practices, tax, customs, and foreign exchange law.
  • Advised Cerámica Italia on reviewing and structuring the best tax and customs strategy to develop its corporate activities.

Holland & Knight

Holland & Knight’s tax group remains in growth mode, following the June 2022 arrivals of Gustavo Pardo Ardila and associate José Alejandro Vivas — who both joined from Pardo’s former boutique Gustavo Pardo y Asociados. The tax team was further augmented in May 2023 with the firm’s absorption of Cuberos Cortés Gutiérrez (CCG). Among the new additions is senior counsel Juan Camilo Riveira, who was director of the tax practice at his former firm. The department continues to make inroads into the market, due to its broad experience in transactional tax, tax planning, and tax litigation, with an orientation towards investment structuring between Colombia and the US. Pardo co-heads the department together with tax litigator Juan Carlos Valencia and transactional tax partner Rafael Lafont.

Practice head(s):

Gustavo Pardo Ardila; Juan Carlos Valencia; Rafael Lafont


Testimonials

An excellent work team, comprehensive professionals, excellent advice and support. We especially highlight Juan Camilo Riveira, who stays close to the client; he supports us in a way that almost makes him feel like part of our company.

Juan Camilo Riveira is the tax lawyer who stood out for his professionalism, customer service and knowledge of the sector and its subject.

Ibarra Abogados Rimon Law

The private wealth-focused practice at Ibarra Abogados Rimon Law is held up by sources as ‘always top of mind for estate-planning structures with a complex tax component’. The group specialises in advising multi-jurisdictional enterprises, financial institutions, and high-net-worth individuals and families on estate planning, and demonstrates expertise in tax amnesties, exchange of tax information and reorganisation of assets, among other matters. The department is led by private wealth expert Rodrigo Castillo Cottin, who has a ‘practical approach to problem solving’. Senior associate Ana María López Murillo and intermediate associate Alejandra Becerra are also noted.

Practice head(s):

Rodrigo Castillo Cottin


Testimonials

The team is headed by Rodrigo Castillo Cottin. Rodrigo brings a unique skill set to his legal practice: substantial knowledge of international tax concepts impacting Colombian clients along with a practical approach to problem solving.

Rodrigo Castillo and associate Alejandra Becerra are very client and service oriented. Always looking for and finding the best solutions for their clients. Superior knowledge and expertise of not only Colombian tax issues but also US tax issues for those clients that have business interests in the US.

The team is very competent, very experienced and provides a responsive service with a welcoming style. I find this a unique package. The diverse experience and the in-depth knowledge of structuring tax-effective and workable solutions makes working with the firm a positive experience.

Rodrigo Castillo makes us trust the firm 100%. Very knowledgeable about US and Colombian practices. Rodrigo Castillo explains everything to the core. Its easy to work with him.

This team is always top of mind for estate-planning structures with a complex tax component. It differs from other firms in that it always has an international perspective for its clients; not only focused on Colombian tax regulations, which it handles excellently despite being very complex.

Rodrigo Castillo and associate Ana María López Murillo are very professional and attend to their clients in a personalised manner and with great dedication. They are very precise and clients feel very satisfied with their advice.

A  practice with in-depth experience in managing family and family structures, involving not only passive investments but also operating companies. The team is professional and efficient. Availability is 24/7. I have not experienced another practice with a similar value offer and a solid and synchronised team.

It is a very attentive and careful team down to the last detail. Rodrigo Castillo is meticulous and accurate.

Montaña & Consultores Asociados

The tax team at Montaña & Consultores Asociados is highlighted for its ‘extensive knowledge of accounting-tax regulations’. As a specialist in urban tax law at municipal and territorial level, the team also stands out for its high volume of public sector clients, including the Mayoralties of Barranquilla, Bucaramanga and Soacha. General director of the firm Magda Cristina Montaña brings to bear extensive experience in tax and urban financing systems and co-heads the group together with practice director Andrea Monsalve, who handles a range of tax, finance, and administrative law matters.

Practice head(s):

Magda Cristina Montaña; Andrea Monsalve


Testimonials

The team provides constant updates on accounting-tax regulations. Lawyers have extensive knowledge of accounting-tax regulations, which allows them to analyse and solve problems holistically, in accordance with current market practices.

Key clients

Mayoralty of Barranquilla


Mayoralty of Bucaramanga


Metropolitan area of Barranquilla


Mayoralty of Soacha


Bogota Chamber of Commerce


Empresa Ferrea Regional


Mayoralty of Santiago de Cali


Geoproyecciones


The World Bank


Government of the Atlántico


Gratamira


Fondo Inmobiliario


Betancourt


Governor’s Office of the Atlántico-Secretary of Finance


Inter-American Development Bank (IDB)


Mayoralty of Barranquilla


Work highlights


  • Advised the Mayoralty of Soacha on the fiscal strengthening of the Municipality of Soacha, including support in property tax and the regulatory implementation of taxes administered by the municipality.
  • Conducted a study on the effective tax rate (ETR) of Colombia for the Bogotá Chamber of Commerce, among other matters.
  • Advised the Government of Atlántico on the fiscal strengthening of five municipalities in the Department through the normative structuring of the tax systems of the municipalities.

Paniagua & Tovar Abogados S.A.

The ‘very professional and knowledgeable’ tax practice at Paniagua & Tovar Abogados S.A. maintains a marked focus on tax planning, business structuring, wealth planning and tax litigation. Acting for a range of domestic and multinational corporations and high-net-worth individuals, the group is noted for its experience in litigation before the tax administration. Jorge Camilo Paniagua is well versed in tax, foreign exchange, and corporate matters; he co-heads the department together with Mario Felipe Tovar, who is dedicated to tax work, and Carol Caita Correa, who is noted for customs-related issues.

Practice head(s):

Jorge Camilo Paniagua; Mario Felipe Tovar; Carol Caita Correa


Testimonials

It provides a comprehensive service in different areas in addition to tax. The team’s professionalism and efficiency stand out.

The personalised service is very efficient and effective. All the lawyers are very professional and knowledgeable about the issues they handle.

Key clients

127 Health


Casatoro


Consumo Consultores


Equirent Vehículos y Maquinaria


Sibelius Empresarial


Extractora La Gloria


Grünenthal Colombiana


Corporación Enlace Internacional


Banco Finandina


Gano Excel


MR de Inversiones


Servicios Técnicos Portuarios


OHL Industrial Colombia (OHL Industrial)


Grupo Roldan


Sociedad Hotelera Tequendama (Hotel Tequendama)


Subway Partners Colombia


Feme Ingenieria


Merz Colombia


Damen Shipyards Gorinchem


Porfenc de Colombia


Brenntag Colombia


Wahl Clipper Colombia


Qmax Solutions Colombia


Société de coopération pour le développement international (SOCODEVI)


Sociedad Colombiana de Expansion Agropecuaria (Soceagro)


Anasac Colombia


Derco


EDP Renovaveis


Payless Shoesource


Almacenes Travesuras


Andinet


Flexom


The Tea House


Healthy Servicios de Catering


Aym Br


Flapper Colombia


SPGC


Savvy Corp


Periferia IT Corp


Caria Group


Aus Inversiones


Disna Inversiones


Anditel


Multijuegos


Work highlights


  • Advised Caria Group on the tax planning aspects of the sale of shares of Caria Group Co Florida, an entity that has a Colombian branch.
  • Advised Medicadiz on tax planning matters related to the sale of shares by its shareholders, with the purpose of legally reducing the tax burden.
  • Advised Savvy Corp on tax planning matters.

Parra Rodríguez Abogados

Parra Rodríguez Abogados’ signature aviation industry expertise is reflected in its tax practice, which routinely advises major airlines on local tax issues, including United Airlines and Cargolux. That being said, the group’s experience extends beyond the aviation sector and it has recently advised companies in the financial services, infrastructure, oilfield services, and technology spheres on contentious and non-contentious tax matters. Tax specialist Álvaro Parra co-heads the group together with María Margarita Parra, who has a focus on tax and real estate. Associate Juan José Goyeneche provides support. Senior associate Marcela Cadavid left to join SanintRivas in November 2022.

Practice head(s):

Álvaro Parra; María Margarita Parra


Key clients

United Airlines


Sudamericana Integral de Construcciones Sudinco (SUDINCO)


Soilmec Colombia


Essilor Colombia


SMBC Aviation Capital


Cargolux Airlines International


Knauf International


Aercap (GE Capital Aviation Services)


Hahn Air


GIS premium Colombia


Fundación Abood Shaio


Petreven


Drillmec


Netcracker Technology Colombia


BMC Software Colombia


Vuela Aviación (Volaris)


Work highlights


  • Advised Aercap (GE Capital Aviation Services) on taxation in Colombia.
  • Advised United Airlines on tax matters relating to its operations in Colombia.
  • Acted for Cargolux on Colombian tax matters.

Pinilla González & Prieto Abogados

Pinilla González & Prieto Abogados leverages its premier real estate offering to specialise in local taxes, especially in relation to real estate and construction projects. It also has experience in tax planning, tax litigation, and transactional tax matters. In August 2022, department head María Helena Padilla left to join Deloitte Asesores y Consultores. The practice is now co-led by Viviana Africano Franco, who was promoted to associate director in March 2023, together with founding partner Felipe Pinilla, who also steers the corporate and dispute resolution groups.

Practice head(s):

Felipe Pinilla Acevedo; Viviana Africano Franco


Key clients

Grupo Roble


Promotora La Alborada


CCLA Group


CI Bogotá Emerald Mart


Work highlights


  • Advised CI Bogotá Emerald Mart on its dealings with DIAN, following DIAN’s request for documents and information supporting the origin of deductions in the income tax statement.
  • Advised Grupo Roble on its attempts to overturn an administrative act made by the Cadastral Authority of Bogotá, whereby it assigned a property valuation to 362 estates of the company.
  • Advised CCLA Group on real estate projects, including tax due diligence.

Rueda Mantilla Abogados

Tax boutique Rueda Mantilla Abogados is primarily recognised for its focus on advising on the tax aspects of restructuring and insolvency processes. However, the group is equipped to advise companies and individuals on a broad scope of tax planning, tax structuring, and administrative and judicial litigation. Firm founder Hernando Rueda heads the department and handles international and domestic tax consultancy, tax planning and transactional matters, including reorganisations. Recently promoted partner David Rueda is also a key contact.

Practice head(s):

Hernando Rueda


Testimonials

The team is very professional. Hernando Rueda or David Rueda, who are the main partners, always attend to us directly.

We highlight Hernando Rueda’s experience, I don’t think any other lawyer is as experienced, and the preparation of the rest of the team. David Rueda is noted for his academic background.

SanintRivas

A very compact team with a great knowledge of tax law’, SanintRivas attracts strong reviews from sources for its personalised service and specialist expertise, particularly in transfer pricing disputes. Founding partner Laura Sanint is lauded as a ‘very assertive and creative lawyer’; she is widely acknowledged as a market leader for transfer pricing matters and frequently acts for multinational companies, including recent work for Simetrik, Nipro, and Foodology. In July, 2022 former department co-head Daniela Rivas left for the Council of State of Colombia. The firm has since hired former Parra Rodríguez Abogados' senior associate, Marcela Cadavid, who arrived in November 2022.

Practice head(s):

Laura Sanint


Testimonials

The team always provides us with attention tailored to our needs, both in terms of response times, which are always very fast and adjusted, and in terms of quality. It always gives technical advice that sees to favour not only our aims, but the negotiation in general. We also value its excellent teamwork.

SanintRivas differs from other firms in its level of commitment. It is evident that beyond the billing they may have with us, what they are looking for is to establish a commercial relationship or a long-term bond. They are in permanent contact with us and follow up on pending issues.

A close team, with absolute dedication to its clients to solve all the problems raised. Studious and very up to date with current tax issues at an international level. The people who work are very present, close and respond in a timely manner.

Key clients

General Catalyst


Simetrik


2TM Holding Company


Grupo De Inversiones Suramericana


Grupo de Empresas La Polar


Compra mientras Alquilas


Comercializadora Internacional De Bananeros Unidos De Santa Marta (BANASAN)


Nipro Medical Corporation


Dosmass


Foodology


Work highlights


  • Advising Simetrik on corporate and tax matters, which included the establishment of a strategic alternative in transfer pricing matters.
  • Advising Compra Mientras Alquilas on various matters, including on the corporative and tax effects of different vehicles of investment.
  • Advising Nipro on an administrative process that could affect the long-term operation of the company regarding VAT returns on the importation of dialysis machines.

Contexto Legal S.A.

Contexto Legal S.A. secures praise from sources for its ‘concrete and practical answers’. The Medellín-based firm is best known for its work in the tax planning field, for both families and enterprises. It also has experience in litigation against national and municipal tax authorities, as well as transactional tax. Department head Federico Escobar maintains a broad practice focus that spans tax, estate planning, customs and foreign trade. Associate Marcela García Ciro is also active in tax matters.

Practice head(s):

Federico Escobar


Testimonials

The team demonstrated understanding of the various topics to be analysed. It provided concrete and practical answers, with excellent technical quality.

We recommend lawyers for their closeness and availability to address priority issues.

Key clients

Evonik Industries


Choucair Testing


Lasa


Transportes Rápido Ochoa


1 2 Tree


International Flavors & Fragrances Colombia


Visdecol


Farmfolio


Cueros Velez


Ferrovial


Prebel


Work highlights


  • Represented Transportes Rápido Ochoa in litigation against a municipality regarding industry and commerce tax.
  • Advised Prebel on day-to-day tax matters concerning its international suppliers.
  • Advised Visdecol on implementing a tax-planning structure for the shareholders and the company.

GHAN Abogados

Established in 2014, tax boutique Ghan Abogados routinely advises on local and international tax law and compliance matters. Mainly recognised for its focus on the tax structuring of projects, the group notably acts for several multinational energy companies, including Solarpack Colombia and BIA Energy. Managing partner Óscar Iván González heads the team and is valued by sources for his ‘extensive experience in fiscal and tax planning’.

Practice head(s):

Oscar Iván Gonzalez


Testimonials

Ghan Abogados is a very professional firm which we have worked with for several years. We have received adequate attention, and agile administrative processes. The attention of all its professionals in all areas has been outstanding.

Oscar Iván González has extensive experience in fiscal and tax planning in all sectors of the economy, which allows him to be efficient and practical in his consultancies. His experience as a university professor means that his observations are understood by his client’s teams regardless of their level of expertise.

Oscar Iván González is absolutely rigorous in understanding the challenges that his clients face. His technical knowledge is hard to find and that, added to his experience, efficiency and practicality, makes him the advisor that any company should have by their side.

Key clients

Automotores Toyota Colombia


Mainstream Colombia


Strabag


Continautos


Solarpack Colombia


Sudamericana Integral de Construcciones Sudinco Colombia


Bia Energy


Skandia Administradora de Fondos de Pensiones y Cesantías


Scatec


Canacol Energy Colombia


Lineal Engineering


Mabe Colombia


Elecnor


Work highlights


  • Advised Consorcio NHB-PTAR Salitre II on the tax structuring of a waste-water treatment plant in Bogotá.
  • Advised Solarpack Corporación on the granting of the renewable energy tax incentives for two solar projects.
  • Advised BIA Energy and BIA Services on the tax structuring of the energy efficiency services to be rendered to several consumers of energy.

Lloreda Camacho & Co.

Lloreda Camacho & Co.’s tax group operates both as a standalone practice and as a support to deal teams across the firm. With experience in tax planning, transactional tax structuring, and contentious matters, the department is particularly active on behalf of companies in the life sciences, retail, TMT, and energy and natural resources sectors. Mining, tax and foreign trade head Ignacio Santamaria co-leads the department alongside senior associate Luis Felipe Paredes. Associate Juan Fernando Díaz is highlighted for his ‘proper acumen’.

Practice head(s):

Ignacio Santamaría; Luis Felipe Paredes


Testimonials

The team is clearly knowledgeable. It shares our core values, which is key in this particular area. We feel confident as Lloreda’s help assists in building our reputation as a reliable, clean, honest operation.

Associate Juan Fernando Díaz has become an actual asset to our operation; he is reachable, has proper acumen and follows through.

Key clients

SNF


Brandconnection


AFIDRO


ITMS Colombia


Flores Ipanema


Bel Star


Maersk Colombia


Levapan


Alfa Laval


Folks Artistes VFX


Work highlights


  • Advised SNF on several matters, including representation in a judicial process against the Colombian Tax Authority discussing the periodicity in which a VAT return should have been filed.
  • Represented Brandconnection in a judicial process against the Colombian Tax Authority regarding operational expenses.
  • Advised AFIDRO on VAT matters in Colombia.

Osman Abogados

Three-lawyer boutique Osman Abogados ‘provides solutions to concerns in an agile way’, according to sources. The team’s recent work spans transactional tax, tax planning and general tax advisory matters, while it also has experience in estate planning and tax litigation. Department head Pedro Pablo Osman stands out for his ‘thorough evaluation of the options’. The team also includes five-year associate Julián Camelo Fajardo, who specialises in tax and administrative law. In December 2022, associate Jorge Benavides left to join Closter Pharma.

Practice head(s):

Pedro Pablo Osman


Testimonials

Pedro Pablo Osman’s leadership is superlative, technically and tactically focused on client results.

We recommend the team for its technical rigour.

Stands out for its permanent availability. It provides solutions to concerns in an agile way.

Rodríguez Bravo Abogados S.A.S.

Efficient and pro-results’, compact boutique Rodríguez Bravo Abogados S.A.S. stands out for its dedication to tax and exchange regime law. Tax planning matters comprise the bulk of mandates, but the group recorded a significant uptick in litigation engagements during 2022. Sebastian Rodriguez is valued by sources for his ‘clear and up-to-date advice’; he spearheads a department that also includes associate Juanita Esguerra.

Practice head(s):

Sebastian Rodriguez


Testimonials

The team is quite good, very efficient, fast compared to other lawyers, very timely when I received a request, dynamic, flexible, and the responses are fast and efficient.

The professionalism is constantly being strengthened. Sebastian Rodriguez is always up-to-date on tax reform issues and provides clear and up-to-date advice.

The comprehensiveness of the service is excellent because the team always takes into account a comprehensive vision of the law — not only that of the area they are evaluating.

Key clients

Isoplásticos / Inmark


Lisa Meitner


Capital Estratégico


Corporación Punto Azul


Velsa Vencol


O4IT


BI SAS


Adsmovil


SCB Comercial


Work highlights


  • Advised Inmark Group on the sale and tax planning of real estate valued at approximately $35m.
  • Advised Lisa Meitner on the $2.5m sale of of real estate, including tax planning matters.
  • Represented Velsa Vencol in litigation involving substantial assets worth up to $50m in Colombia and Ecuador.

Sanclemente Fernández Abogados S.A.

Sanclemente Fernández Abogados S.A.’s signature energy offering translates into a tax practice that predominantly services oil and gas clients. The group is equipped to handle the full suite of tax matters, with a focus on compliance, transactional tax, administrative proceedings — including customs-related matters — and litigation. Energy specialists Diana Sanclemente and José Gabriel Fernández co-head the department. Senior associate Juan Carlos Díaz left to study abroad In September 2022.

Practice head(s):

Diana Sanclemente; Jose Gabriel Fernandez