The tax practitioners at full-service firm Barros & Errázuriz are ‘very knowledgeable in tax matters, both domestically and internationally’. Advising on the gamut of tax matters, the 16-strong group acts for corporate and private clients on both national and international taxation; while the ’reliable team’s expertise ranges from corporate transactions and reorganisations, to tax structuring, wealth planning, international taxation, direct taxes and tax disputes. Highlights include advising global alternative investment manager, Ares Management, on the tax planning surrounding the restructuring of high-value mezzanine credit agreements. In addition to high-level tax work, firm founder Fernando Barros advises on investment project developments, business strategies, and implementing corporate and financial structures; Carola Trucco has significant experience in advising major companies on the tax side to cross-border matters, M&A and business reorganisations; and the career of Tomás Kovacevic includes serving as tax policy adviser at the Ministry of Finance. In the firm’s senior associate ranks, María Luisa Marraccini also has former experience as a ministerial tax advisor; while Álvaro Oyarce is a December 2024 returnee from the New York office of multinational professional services network, EY. Former counsel Magdalena Munita departed the firm in April 2025 to establish her own practice.
Legal 500 Editorial commentary
Testimonials
Collated independently by Legal 500 research team.
- ‘They are very knowledgeable in tax matters, both domestically and internationally.’
- ‘They are very sophisticated and able to communicate well in English and understand local laws.’
- ‘They are all very sophisticated and knowledgeable in tax matters.’
- ‘They have a reliable team with excellent technical expertise and fast response times.’
- ‘They quickly understand clients' needs and have outstanding technical expertise.’
- 'We have worked with Tomás Kovacevic. He is a very good tax lawyer and I recommend him.'
- 'Tomás Kovacevic is excellent. He does good work, is punctual, analytical, and pragmatic. He finds simple solutions to complex situations.'
- 'A high-level practice that incorporates very useful technological processes.'
- 'They have very good professionals with a high level of knowledge and skills, and they stand out for their proactive approach to solving problems that affect us in the matters we've entrusted to them. We particularly highlight Carola Trucco and José Tomás Errázuriz.'
Key clients
- Independencia
- Ares Management
- Solvay Peróxidos de Los Andes
Work highlights
Advisng Independencia on the tax aspects of real estate and other investments.
Advised Ares Management on the tax planning for the restructuring of certain mezzanine credit agreements for $280m.
Successfully assisted Solvay Peróxidos de LosAndes with requesting the refund of VAT for the acquisition of fixed assets.
Lawyers
Hall of Fame
The lawyers at the very top of the profession, widely known and respected by peers and clients for their longstanding involvement in market-leading work.
Next Generation Partners
Junior partners with significant recognition from clients and peers in the market and key roles on multiple matters.
Tomás Kovacevic
Leading associates
Leading associates with regular involvement in their team's key work, and recognition from peers or clients as being ones to watch.
María Luisa Marraccini
Álvaro Oyarce
Practice head
Fernando Barros; Carola Trucco; Tomás Kovacevic