Department profile
Torres Plaz & Araujo

Tax

Latin America Guide 2027 : Venezuela


Torres Plaz & Araujo

Rankings

About

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

Provided by Chambers

Tax - Venezuela

Band 1

Band 1


What the Team is Known For

Torres Plaz & Araujo's stellar practice 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 law firm's client roster spans sectors including oil and gas and food and beverages.

Work Highlights

Provided by Chambers

  • Torres Plaz & Araujo advised Shell Group on the Venezuelan tax aspects of its operations with SVSA, including interactions with local authorities concerning tax exposure relating to science and technology contributions, VAT and corporate income tax.

Strengths

Provided by Chambers

  • Thanks to the extensive experience of Torres Plaz & Araujo's lawyers, they perfectly understand the needs of the business and their advice is very satisfactory, especially in cases where it is necessary to go beyond purely legal aspects.

    Tax respondentLatin America
  • Torres Plaz & Araujo has outstanding industry knowledge. Their experience and great capacity for understanding problems allows them to provide practical and creative solutions.

    Tax respondentLatin America

Notable Practitioners

Provided by Chambers

  • Senior StatespeopleRodolfo Plaz Abreu
    Senior StatespeopleRodolfo Plaz Abreu

    Rodolfo Plaz Abreu

    Seasoned practitioner Rodolfo Plaz Abreu continues to be a deeply respected figure in the Venezuelan tax market. He is well versed in advising on corporate income tax matters and representing clients in contentious administrative proceedings.

    • Rodolfo Plaz Abreu is a highly respected figure in the tax field in Venezuela.

      Tax respondentLatin America
  • Band 1Juan Carlos Garantón-Blanco
    Band 1Juan Carlos Garantón-Blanco

    Juan Carlos Garantón-Blanco

    Frontrunning partner Juan Carlos Garantón-Blanco advises corporations in the oil and gas industry on a broad range of tax matters, including the tax aspects of the winding down of operations, asset transfers and tax audits.

    • Juan Carlos Garantón-Blanco is a very efficient lawyer, even in matters of a complex nature. He is very pragmatic and has a quick response capacity.

      Tax respondentLatin America
    • Juan Carlos is spectacular. He played a fundamental role for us and provided invaluable support throughout.

      Tax respondentLatin America
  • Band 3Valentina Cabrera Medina
    Band 3Valentina Cabrera Medina

    Valentina Cabrera Medina

    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 matters.

    • Valentina Cabrera Medina is a brilliant lawyer with in-depth knowledge of tax and contract law. Her extensive understanding of business and the legal reforms being implemented in Venezuela enables her to provide practical, straightforward and effective recommendations.

      Tax respondentLatin America

Ranked Individuals at Torres Plaz & Araujo (3)

Venezuela

Members

Provided by Torres Plaz & Araujo

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