Tax
Latin America Guide 2025 : Peru
Band 1
Email address
[email protected]Contact number
+511 611 5151About
Provided by Hernández & Cía.
This area is a leading tax practice in the country positioned as a first choice for the full spectrum of tax services; notably recognized for its expertise and deep knowledge. This department shows extensive expertise in all different taxation matters, including day-to-day advice related to domestic taxes, tax planning, international taxes, taxation of natural resources, comprehensive tax audits, M&A and financing tax advisory.
Moreover, this area provides advice in the most prominent administrative and judicial proceedings with the Tax Authority. Indeed, the firm oversees the most notable and emblematic tax disputes in the country. For more than 15 years, the firm is recognized as the firm with the strongest tax area of Peru. The firm’s partners are renowned as accomplished practitioners in the field with a high level of technical expertise and a very large experience in tax matters.
Chambers Review
Hernández & Cía. houses a talented tax department showcasing recognised experience in this practice area. The team offers significant capabilities assisting clients with regulatory mandates and the tax structuring of M&A transactions, as well as matters related to income tax and VAT recovery. The department is also well versed in handling contentious proceedings before SUNAT, in addition to audits and tax planning mandates. The firm is often sought out by clients from diverse sectors including the mining, oil and gas, and telecommunications industries.
Work Highlights
- Hernández & Cía. advised Southlight Capital's Canadian affiliate on claims and appeals before SUNAT and the Tax Court connected to the sale of its stake in a Peruvian company and its subsequent impact on income tax and the Peru-Canada tax treaty.
Strengths
Provided by Chambers
"Hernández & Cía. are very professional and thorough. The team has lawyers from different areas present in the meetings to cover all angles of the issue at hand and make sure that nothing is passed by."
"Hernández & Cía.'s team know the Peruvian tax market very well and are always up to date with the latest information. They have the ability to solve problems efficiently and quickly."
"Hernández & Cía. are very professional and thorough. The team has lawyers from different areas present in the meetings to cover all angles of the issue at hand and make sure that nothing is passed by."
"Hernández & Cía.'s team know the Peruvian tax market very well and are always up to date with the latest information. They have the ability to solve problems efficiently and quickly."
Notable Practitioners
Seasoned practitioner Luis Hernández continues to elicit significant praise from market commentators for his longstanding presence in the Peruvian tax market and activity advising on tax audits and administrative proceedings.
"Luis Hernández is excellent. He really is a benchmark in the Peruvian tax arena."
Respected partner Leonardo López regularly represents clients in refund requests, the fiscal implication of corporate reorganisations and acquisitions, and sector-related regulatory and compliance mandates.
"Leonardo López is always willing to help with tax matters, which are his expertise. He provides us with useful and precise responses."
Key partner Fernando Nuñez is commended by clients for his activity in the Peruvian tax arena in matters related to sales and acquisitions.
"Fernando Nuñez has consistently demonstrated availability and a strong willingness to help us find new information that will be of use. He is highly attentive."
Significant partner Milagros Bustillos has expertise in assisting multinational clients with tax planning, audits, appealing administrative fines and the fiscal analysis of payments made by local companies to non-resident companies.
"Milagros Bustillos is very dedicated to her work. She is efficient and highly detail-oriented."
Rodrigo Flores wins praise from clients for his solid practice in the Peruvian tax arena.
"Rodrigo Flores has the ability to analyse complex tax issues and explain them in a simple way. He has helped me find all-encompassing and efficient solutions with positive long-term results."
Ranked Lawyers at
Hernández & Cía.
Peru
Members
Provided by Hernández & Cía.