Department profile
Palacios, Torres & Korody

Tax

Latin America Guide 2027 : Venezuela

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Palacios, Torres & Korody

Rankings

Chambers Review

Provided by Chambers

Tax - Venezuela

Band 1

What the Team is Known For

Palacios, Torres & Korody is a market-leading tax boutique firm that regularly advises prominent domestic and international clients across sectors including telecommunications, food and beverages and oil and gas. The team's expertise in tax disputes, including administrative and constitutional proceedings, continues to distinguish the practice. The department also offers extensive experience in advising on the tax aspects of corporate transactions and financial agreements, as well as wealth tax matters.

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Work Highlights

Provided by Chambers

  • Palacios, Torres & Korody assisted Nestlé Venezuela with the design and implementation of a capitalisation and balance sheet strengthening strategy, including the development of a tax-efficient structure separating special equity contributions from a formal share capital increase.

Strengths

Provided by Chambers

  • The lawyers at Palacios, Torres & Korody have extensive knowledge of tax matters in Venezuela and other jurisdictions, pragmatically managing problems and finding solutions for their clients. Their understanding of the tax administration structure and the judicial system guarantees results.

    Tax respondentLatin America

  • Palacios, Torres & Korody offers top-level expertise. The team addresses highly complex issues in an assertive and robust manner.

    Tax respondentLatin America

Notable Practitioners

Provided by Chambers

  • Juan Korody Tagliaferro
    Juan Korody Tagliaferro

    Juan Korody Tagliaferro

    Esteemed partner Juan Korody Tagliaferro frequently handles administrative procedures before the tax authority. He is also well versed in handling the tax aspects of corporate transactions and financial agreements.

    • Juan Korody Tagliaferro possesses a remarkable ability to analyse obstacles and distil the relevant aspects from unnecessary noise. This allows him to identify the true points of attack, to which he adds his renowned creativity and extensive knowledge when designing unique, tailor-made solutions for each challenge.

      Tax respondentLatin America

    • Juan Korody Tagliaferro has a great understanding of tax issues and is very strategic. He is also very clear and transparent in his approach to risk management.

      Tax respondentLatin America
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  • Leonardo Palacios Márquez
    Leonardo Palacios Márquez

    Leonardo Palacios Márquez

    Leading light Leonardo Palacios Márquez remains a revered figure in Venezuela's tax arena. His expertise encompasses a broad range of complex tax matters, with particular strength in contentious administrative proceedings and compliance with Venezuela's wealth tax regime.

    • Leonardo Palacios Márquez stands out for his knowledge and interpersonal skills, as well as for his pragmatic approach to solutions and alternatives.

      Tax respondentLatin America

    • Leonardo Palacios Márquez is one of the great tax experts in Venezuela. He is excellent.

      Tax respondentLatin America
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  • José Gregorio Torres
    José Gregorio Torres

    José Gregorio Torres

    José Gregorio Torres boasts extensive experience advising clients in contentious tax proceedings, including representing taxpayers in cases involving VAT withholding arrears, as well as tax planning matters.

    • José Gregorio Torres provides comprehensive, timely and efficient advice to his clients. We are satisfied and grateful for his attention to our organisation.

      Tax respondentLatin America
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Ranked Individuals at Palacios, Torres & Korody (3)

Venezuela

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