PwC has a leading role in transfer pricing practice. The firm set up a local transfer pricing practice in 2004 and since then the group has established itself as an important player. The team consists of more than 40 individuals dedicated to providing transfer pricing-related services. It has an internal group of lawyers specialised in transfer pricing controversy resolution and litigation. It maintains a special focus on the mining industry with strong investment in the country. In addition, it has a significant participation on the financial sector. Roberto Carlos Rivas leads the team.
In the last year, the firm increased its transfer pricing services to the retail industry representing the biggest retail groups in Latin America. Moreover, the group consolidated its dominant position in the salmon industry. Overall, the firm conducted an impressive number of high-profile transfer pricing cases.
In terms of lateral moves, the firm hired senior associate Hasan Günes from PwC Argentina. The group saw the departure of senior associate Carlos Rodriguez.