Tax in Dominican Republic
Pellerano Nadal's tax department has recently been particularly active in contentious work, handling tax litigation for clients drawn from the aviation, retail and industrial sectors, among others. Tax planning mandates also feature in the department's workload. Corporate law expert and founding partner Luis Rafael Pellerano leads the team, in which litigator Gustavo Mena, senior counsel Urania Paulino and senior associate Belkys Génesis Rodríguez are names to note.
- Acting for the Unicomer Group in litigation regarding an alleged $1bn tax debt.
- Represented a major airline in tax litigation against the Dominican government.
- Representing a prominent industrial company in litigation against the Dominican Customs Administration concerning the imposition of a $1m fine based on an alleged miscalculation of import tariffs.
OMG's 'very knowledgeable' team is well equipped to advise clients on the tax aspects of corporate transactions; benefiting from its cooperation with the firm's strong corporate department, it focuses on prominent M&A deals and restructuring matters. The tax team's clients are drawn from the banking, tourism, agro-industrial and telecoms sectors. Leonel Melo, Esperanza Cabral and director Ana Taveras, who counts tax as a core area of expertise, jointly lead the practice.
‘Very knowledgeable team. Always available, providing sound advice‘.
- Assisted Schaffner (as seller) with the tax aspects of Scotiabank’s acquisition of a 97% stake in Banco Dominicano del Progreso (BDP).