Mexico

Reviews

Practice area

World TP Reviews

Transfer pricing
Baker McKenzie

Baker McKenzie’s transfer pricing practice maintains a dominant position in Mexico. Moisés Curiel heads the firm’s transfer pricing and valuation area. He has more than 24 years of experience in transfer pricing and international taxes.  

The group is made up of lawyers, economists, tax advisors and public accountants. It helps clients to interpret and determine their tax obligations and their effects in other jurisdictions. The team represents domestic and international companies with a focus on the oil and gas industry. In the last 12 months, it handled a range of high-profile transfer pricing matters. 

Basham Ringe & Correa

A leading law firm in Mexico with an emphasis on tax controversy, Basham Ringe & Correa is very active in transfer pricing disputes. Gerardo Nieto, a partner with the firm since 2000, focuses on different specialties, including international transactions, tax audits and transfer pricing. Practitioner and consultant Alejandro Barrera is another key contact at the firm. He is specialised in transfer pricing, in addition to corporate and individual taxation. 

The group represents domestic and international clients and it has a special focus on the automotive sector. During the research period, the team handled high-profile transfer pricing matters involving both domestic and international companies. 

Chevez Ruiz Zamarripa

Chevez Ruiz Zamarripa excels in transfer pricing practice, in addition to tax advisory, consulting and litigation services. Oscar Campero leads the team of 28 professionals, which includes economists, public accountants and lawyers. The group offers services in audits, tax litigation, business restructuring, economic and industry analyses for documentation requirements and assistance during MAPs. 

More specifically, during the research period, the group conducted several tax and transfer pricing dispute resolutions for multinational clients. In addition, it was very active in tax and transfer pricing matters related to cross-border transactions and transfer pricing issues related to Action 13 of the OECD’s BEPS initiative.  

Deloitte

Deloitte’s transfer pricing practice area maintains a dominant position in the Mexican market. The team is one of the largest in Latin America and it is led by Simón Somohano. It is constantly committed to increasing market standards with a large base of talented and experienced professionals that constantly take advantage of a wide range of technological tools, such as Deloitte’s state-of-the-art Center of Excellence for Transfer Pricing Information and Research for Latin America. 

In the last year, the group represented domestic and international companies with an emphasis on the energy and mining sectors. For example, it assisted a client on the elaboration of transfer pricing studies for more than 100 subsidiaries in Mexico, as well as more than 50 subsidiaries in America, Europe and Asia. In another case, the group conducted a documentation project for one of the largest steel producer in Mexico.  

Elan Zaak

Élan Zaak is a boutique firm strong in the areas of business valuation, valuation of intangibles, transfer pricing, APAs, audit defense and consultancy. The group consists of more than 20 professionals, including five partners, two directors and five managers. Omar Le Blanc is the managing partner and he has an extensive experience in transfer pricing. He was part of the first transfer pricing team in Mexico while working at Arthur Andersen.  

The group produces transfer pricing documentation for more than 500 clients and in the last year worked on projects related to BEPS documentation. It worked on many transfer pricing cases in different sectors, including construction, manufacturing, energy, automotive, medical services and food. 

Natera

Natera is a boutique firm with an active transfer pricing practice. It has the special ability of integrating transfer pricing with tax and customs planning. The group has vast experience in dealing with competent tax authorities in transfer pricing audits, APAs and MAPs. In addition, it provides economic analyses and transfer pricing documentation, as well as valuation of companies and tangible or intangible assets.  

Christian Natera, founding partner of the firm, heads the tax and transfer pricing departments.  

Quorum Consulting Group

Quorum Consulting Group (QCG Transfer Pricing Practice) is a specialised boutique firm in the transfer pricing space, with operations in Mexico, Latin America, Spain and a presence in the United States. The multidisciplinary team consists of lawyers, accountants and economists with more than 18 years of transfer pricing experience. Jesús Aldrin Rojas is the managing partner of the firm in Mexico.  

The group represents the most important companies in the country and offers services such as consulting, alignment of intercompany operations, and valuation with a focus on the BEPS plan. In addition, it led the certification process in Mexico for transfer pricing professionals and it has the largest number of certified transfer pricing experts in the country. In the last year, it handled many transfer pricing matters, assisting companies in different sectors, particularly in the oil and gas industry. 

Client feedback  

“Good service. They are professional and know regulations that apply to our country and operations.” 

“They are the most capable firm in Mexico. Even the Mexican government recognise QCG as a key player in the TP sector.” 

Skatt International Tax Firm

Skatt’s transfer pricing practice has grown to establish itself as an important player in Mexico. Emilio Angeles leads the team. He regularly participates in transfer pricing and international tax treaties events, including the drafting and implementation of various transfer pricing rules.  

In the last 12 months, the team handled different transfer pricing matters for corporations. For example, it advised Johnson Controls IP Mexico and Johnson Controls Power Solutions and other clients that remain confidential.