Three law firms teamed up on tax regulation study for Central America
Consortium Legal, Baker & Mckenzie and Quijano & Asociados worked together on a tax regulation study requested by El Salvador.
The Export and Investment Promotion Agency of El Salvador (PROESA) instructed Consortium on a market report on tax regulations in Central America, Mexico, Panama, Colombia and Peru.
The project, which was supervised through PROESA and financed by the Interamerican Bank of Development, is set to evaluate the competitive position of El Salvador with respect to the rest of the Central American countries as well as Mexico, Peru, and Colombia; in terms of tax regulations and foreign investment incentives.
Partner Diego Martin led lawyers from Consortium Legal offices in Costa Rica, El Salvador, Guatemala, Honduras and Nicaragua. He also coordinated the work undertaken by the other legal teams: Baker Mckenzie provided counsel in Colombia, Mexico and Peru through its local offices while Quijano & Asociados gave advise under Panama law.