Isis Carballo-Irigoyen > McConnell Valdés LLC > San Juan, Puerto Rico > Lawyer Profile

McConnell Valdés LLC
270 MUÑOZ RIVERA AVENUE
HATO REY
SAN JUAN, 00918
Puerto Rico
Isis Carballo-Irigoyen photo

Work Department

Tax Practice Group

Position

Capital Member and Chair, Tax Practice Group

Career

Mrs. Carballo focuses her practice on complex corporate tax matters, including startup operations, inbound and outbound corporate reorganizations, acquisitions, financings, exit strategies, legislative affairs, and competent authority proceedings between the Puerto Rico Treasury Department and the Internal Revenue Service. She also works with the sales and use tax.

A substantial part of her practice is devoted to tax minimization strategies through Puerto Rico’s various tax incentives programs, including industrial tax exemption, municipal incentives, export services exemption under Act 20-2012, and individual investors exemption under Act 22-2012.

Many of her clients are global manufacturing companies in the pharmaceutical, medical devices and electronics sectors, as well as major retail companies, e-commerce companies and high net worth individuals.

Lawyer Rankings

Puerto Rico > Tax

(Leading individuals)

Isis Carballo-IrigoyenMcConnell Valdés LLC

The well-regarded tax team at McConnell Valdés LLC remains a market leader, advising household-name financial institutions and global corporations, including Google, Hewlett Packard, Johnson & Johnson, Coca-Cola, T-Mobile and Shell, on a diverse spread of tax matters. With an active client base spanning sectors ranging from chemicals, tech, pharmaceuticals and retail to beverages, telecoms, energy and hospitality, the firm’s comprehensive service extends to tax incentives and exemptions, consumption tax, e-commerce matters, advice for non-profit organisations on structuring and establishing operations in Puerto Rico, and the tax aspects of M&A and deal structuring. The practice is chaired by Isis Carballo-Irigoyen, a corporate tax expert who assists with start-up operations, reorganisations, acquisitions, financings and competent authority proceedings before the Puerto Rico Treasury Department and the Internal Revenue Service. The team is vice-chaired by Yamary González-Berríos, who advises on tax exemption issues relating to liquidations and other major transactions. Rubén Muñiz-Bonilla acts for clients in tax controversy and litigation matters, including tax audits and examinations, administrative appeals and court proceedings. Lillian Toro-Mojica advises on employee benefits, and income and property taxes. Associate Ivette Rodríguez joined from an in-house role in December 2022.