McConnell Valdés LLC

The powerhouse team at McConnell Valdés LLC remains a marker leader, advising domestic corporates, household-name financial institutions (such as UBS) and global brands (including Google, Coca-Cola, Shell and Hewlett Packard) on a diverse spectrum of tax matters. With a client base spanning sectors ranging from chemicals, tech and pharmaceuticals to retail, beverages, telecoms and energy, the practice’s comprehensive service covers tax incentives and exemptions, consumption tax, advice for non-profit organisations on the structuring and establishing of operations in Puerto Rico, tax litigation and the tax aspects of M&A and deal structuring. The practice is headed by tax practice chair Isis Carballo-Irigoyen, who assists with start-up operations, reorganisations, acquisitions, financings and competent authority proceedings before the Puerto Rico Department of Treasury and the Internal Revenue Service, and vice-chair Yamary González-Berríos, who specialises in corporate and partnership tax. Other key figures include Rubén Muñiz-Bonilla, who represents clients in tax controversy and litigation matters, including tax audits and examinations, administrative appeals and court proceedings, and Lillian Toro-Mojica, who advises on employee benefits, and income and property taxes.