Tax
Latin America Guide 2025 : Venezuela
Band 2
Email address
[email protected]Contact number
+58 212 905 0211About
Provided by Torres Plaz & Araujo
The tax practice at our firm includes providing financial and accounting analysis services, backed by the most up-to-date interpretation of legal and accounting regulations – applicable to our clients in the proper performance of their tax obligations in their day-to-day activities; observation of formal duties; financial optimization of tax impact on business structuring and new projects; expert and strategic support in audits and legal processes.
We provide assistance to the taxpayers in assessment, audit and other procedures by the national, state or municipal tax administration and parafiscal entities. We further assist with the filing of both administrative and judicial appeals before the competent bodies of the various regions of the country.
As part of our distinguished activity, the firm has a prominent trajectory in the contentious-tax area, allowing us to provide comprehensive advice in verification and assessment processes, or any action by the national, state or municipal tax administration and parafiscal entities, and file administrative or judicial appeals before the competent bodies of the various regions of the country, and file other actions and means of opposition before the Supreme Court.
The distinguished professionals at our firm have renowned experience reaching settlements with the tax administrations and with reconciliations and other dispute settlement mechanisms established by Venezuelan law.
Chambers Review
Torres Plaz & Araujo has particular experience handling contentious tax proceedings at various levels. The team advises clients on tax assessment challenges along with administrative and constitutional litigation concerning VAT and income tax controversies. The department also provides counsel on the tax aspects of corporate mergers, acquisitions, and restructurings. The firm's client roster spans sectors including oil and gas and food and beverage.
Work Highlights
- Torres Plaz & Araujo provided continuous advice on tax matters to Grupo Pepsico, including tax planning, corporate tax advice, tax compliance, and tax litigation.
Strengths
Provided by Chambers
"Torres Plaz & Araujo go beyond what is strictly necessary and help you solve problems. They have a very practical team."
"Torres Plaz & Araujo go beyond what is strictly necessary and help you solve problems. They have a very practical team."
Notable Practitioners
Seasoned practitioner Rodolfo Plaz Abreu continues to be a deeply respected figure in the Venezuelan tax market. He is well versed in reviewing corporate income taxes and acting on contentious administrative mandates.
Frontrunning partnerJuan Carlos Garantón-Blancoadvises corporations in the oil and gas industry on a range of tax matters, including the tax aspects of the winding up of operations, transfers of assets, and tax audits.
"Juan Carlos Garantón-Blanco is excellent and the best lawyer in the country for tax matters."
"Juan Carlos Garantón-Blanco fills our company with confidence, and he is assertive and able to immerse himself in the problem and provide the solution."
Established partner Valentina Cabrera Medina provides tax planning and compliance advice to corporate clients, in addition to handling tax controversy proceedings. She is also well placed to assist with municipal tax mandates.
"Valentina Cabrera Medina can develop good tax planning strategies and is able to draft documents that support our arguments and avoid sanctions."
Ranked Lawyers at
Torres Plaz & Araujo
Venezuela
Members
Provided by Torres Plaz & Araujo
Andrea Alburjas
Isabella Pecchio