Tax - Philippines
What the team is known for
Gatmaytan Yap Patacsil Gutierrez & Protacio continues to be prominent in tax disputes in the Philippines, with notable experience in challenging tax assessments. The practice is highly active in advisory matters, assisting clients with the tax aspects of transactional matters, including on cross-border aspects. The firm offers considerable expertise in advising clients from the energy sector, as well as the real estate and pharmaceutical industries. Clients include First Gen, TeaM Energy and Webb Fontaine Asia.
Strengths
"Gatmaytan Yap Patacsil Gutierrez & Protacio are able to provide detailed information, and importantly able to explain to people from legal and non-legal backgrounds. The guidance given is always insightful."
Work highlights
Gatmaytan Yap Patacsil Gutierrez & Protacio represented SN Aboitiz Power-Magat in advocating to the Philippines' Court of Tax Appeals for the cancellation of the assessment of alleged deficiency taxes worth around USD20 million.
Notable practitioners
Anthony Mark Gutierrez is highly active on tax work, advising on a wide range of matters from tax disputes to tax restructuring. "He provides clients with a balanced approach between caution and guidance. Discussions with him are solution-driven and we appreciate the substance he brings to meetings."