Our team

More than 19 years of experience in the area of ​​accounting, financial audits, forensic audits, taxes, international taxation and Transfer Pricing consultancy carried out to Panamanian and foreign companies, as well as valuation studies of companies and intangibles. Expert of the Administrative Tax Court (TAT) before the ruling issued by the pharmaceutical company PFIZER FRE ZONE PANAMÁ, S.A. to reconsider Resolution No. TAT-PR-091 of 08/26/19, where it was requested to reconsider Resolution No. 201-5891 issued by the Panamanian Tax Authority.

The work carried out consisted of specifying the inconsistencies between the amounts reported in the income statement, the transfer pricing form statement and the Transfer Pricing study for the 2014 and 2015 fiscal years, carrying out the pertinent analyzes to assert the correct Operating Margins. and the calculations of contingencies and tax adjustments, review and assertion of the existence of expenses declared as intercompany services in order to determine whether they are deductible for income tax purposes and subsequent taxes, in order to comply with the principle of full competition. This expertise represented a great achievement for the firm.

Estudios

– 2021 Graduate

– Univerdad Americana de Panamá

– Panamá

– 2015 Diplomat

– Universidad Francisco Marroquin.

– Guatemala

– 2013 Master’s degree

– Universidad Especializada del Contador Público Autorizado

– Panamá

– 2011 Master’s degree

– Universidad Interamericana Laureate International Universities

– Panamá

– 2010 Diplomat

–  Universidad Especializada del Contador Público Autorizado

– Panamá

– 2007 Graduate

–  Universidad Especializada del Contador Público Autorizado

– PanamáRaul Hurtado

Manager of TP Consulting Panama. MBA in business administration with an emphasis on Strategic Management, Bachelor of Maritime Administration and Diploma in International Taxation at ESAN Business School. With more than five years of professional experience in the banking area. He has worked in local and regional banks in different areas of business and finance. He has given training and seminars on tax and commercial matters that have allowed him to stay updated on the different aspects of said matters.

Studies

– BACHELOR IN ACCOUNTING

– UNESCPA, INTERNACIONAL

– PANAMÁ

– 2020 MASTER

– UNIVERSIDAD INTERAMERICANA LAUREATE INTERNATIONAL

– PANAMÁ

– 2019 POSTGRADO

– UNIVERSIDAD INTERAMERICANA LAUREATE INTERNATIONAL

– PANAMÁ

– 2016 DIPLOMAT

– UNIVERSIDAD INTERAMERICANA LAUREATE INTERNATIONAL

– Perú – Lima

Manager at TP Consulting Panamá SA since 2018, Bachelor of Public Accounting with a Master’s Degree in Tax Management, Specialization in Tax, postgraduate degree in taxation, experience in different accounting branches, extensive knowledge in auditing, tax planning, preparation and declaration of natural income and legal, tax preparation, preparation and presentation of reports, experience in corporations at a national and international level, experience at a banking level in a recognized global bank such as HSBC, has allowed us to stay updated in the different aspects of this matter throughout of its trajectory.

Studies

– 2019 MASTER’S DEGREE

– UNIVERSIDAD ESPECIALIZADA DE CONTADORES PÚBLICO AUTORIZADO

– Panamá

– 2018 POST-GRADO

– UNIVERSIDAD ESPECIALIZADA DE CONTADORES PÚBLICO AUTORIZADO

– Panamá

– 2018 POST-GRADO

– UNIVERSIDAD ESPECIALIZADA DE CONTADORES PÚBLICO AUTORIZADO

– Panamá

Founding partner of TP Consulting. Post-graduate professor of the Transfer Pricing course at ESAN University. MBA from ESAN University. Lawyer from the Pontificia Universidad Católica de Perú. He has been a visiting professor at the University of Leiden (Netherlands). Co-author and coordinator of the book: “Transfer Prices in Latin America, the United States and the United Kingdom” (Thomson Reuters, 2016 to 2019).

STUDIES

2000 Magister – MBA
Universidad ESAN (Perú)
1998 Post-Degree in Procedural Law
Pontificia Universidad Católica del Perú (PUCP – Perú)
1997 Diploma of Specialization in Taxation
Pontificia Universidad Católica del Perú (PUCP – Perú)
1995 Law – Lawyer
Pontificia Universidad Católica del Perú (PUCP – Perú)

PUBLICATIONS

Current
Global Transfer Pricing Explorer Plus. Author of the Peru chapter and Co-Author of the Colombia chapter.
International Bureau of Fiscal Documentation – IBFD. Netherlands.
2019
Transfer Pricing in Ibero-America, USA and UK: Argentina, Brazil, Chile, Colombia, Costa Rica, Ecuador, El Salvador, Spain, United States of America, Guatemala, Honduras, Mexico, Nicaragua, Panama, Paraguay, Perú, United Kingdom, Dominican Republic and Uruguay
Thomson Reuters. Perú.
2018
Transfer Pricing in Latin America, USA and UK: Bolivia, Brazil, Chile, Colombia, Costa Rica, Ecuador, El Salvador, Spain, United States of America, Guatemala, Honduras, Nicaragua, Panama, Paraguay, Perú, Kingdom United, Dominican Republic and Uruguay
Thomson Reuters. Perú.
2018
Action 13 of the BEPS Plan and contentious issues on Transfer Pricing – III Tax and Accounting Forum
Thomson Reuters. Perú.
2017
Transfer Pricing in Ibero-America: Bolivia, Brazil, Chile, Colombia, Costa Rica, Ecuador, El Salvador, Guatemala, Honduras, Nicaragua, Panama, Perú and Uruguay
Thomson Reuters. Perú.
2016
Transfer Pricing in Latin America: Bolivia, Brazil, Chile, Colombia, Costa Rica, Ecuador, El Salvador, Guatemala, Honduras, Nicaragua, Panama and Perú
Thomson Reuters. Perú.
2014
Colombia: Changes to transfer pricing rules under Decree 3030 of 2013
International Transfer Pricing Journal. Netherlands.
2013
Colombia: Further Legislation on Transfer Pricing
International Transfer Pricing Journal. Netherlands.
2010
Ecuador: New Transfer Pricing Regulations
International Transfer Pricing Journal. Netherlands.
2010
Implications in Transfer Prices of the Compensatory Stock Options Americans for Peruvian companies, whose headquarters are located in the United States of America. Part of the book “The Presumptions and Fictitious Income: Constitutional and Tax Aspects in Income Tax”
Instituto Peruano De Investigación y Desarrollo Tributario – IPIDET. Perú.
2009
Colombia: Transfer Pricing Review and future prospects
International Transfer Pricing Journal. Netherlands.
2008
Ecuador: New Transfer Pricing Provisions Key Aspects and Future Perspective
International Transfer Pricing Journal. Netherlands.
2008
Transfer Pricing Affidavit
Magazine Análisis Tributario. Perú.
2008
Evolution and gaps in Transfer Pricing rules
Magazine Análisis Tributario. Perú.
2007
Ecuador: Transfer Pricing System Current State and Future Prospect
International Transfer Pricing Journal. Netherlands.
2006
Perú: New Transfer Pricing Regulation
International Transfer Pricing Journal. Netherlands.
2006
Transfer Pricing Regulation – Deficiencies and Successes
Magazine Análisis Tributario. Perú.
2003
Asset Securitization in Perú
Research Center of the Universidad del Pacífico. Perú.
2002
Diagnosis and perspectives of Asset Securitization in Perú
Faculty of Law of the Pontificia Universidad Católica del Perú (PUCP – Perú).

ACADEMIC ACTIVITIES

TEACHING
2002 – Present
International Diploma | Specialization Program for Executives
Graduate Professor of the Transfer Prices course
Universidad ESAN. Perú.
2016
Graduate Professor of the Transfer Pricing course at ITC Leiden Latin America Executive Program in International Tax Law
Leiden University. Netherlands.
2009
Master in Taxation and Fiscal Policy
Undergraduate Professor of the Transfer Pricing course
Universidad de Lima. Perú.
2008
Transfer Prices in the I and II Post Title in Taxation
Graduate Professor of the Transfer Prices course
Pontificia Universidad Católica del Perú (PUCP – Perú).
2001 – 2003
Undergraduate professor of the courses of Law and Finance of the company, and Business Law
Pontificia Universidad Católica del Perú (PUCP – Perú).

CONFERENCES
2018
RAPPORTEUR “Action 13 BEPS Plan and contentious issues on Transfer Pricing” – III International Forum on Taxation and Accounting.
Instituto Peruano De Investigación y Desarrollo Tributario – IPIDET. Perú.
2014
RAPPORTEUR “Transfer Prices” – II International Forum on Taxation and Accounting.
Instituto Peruano De Investigación y Desarrollo Tributario – IPIDET. Perú.
2016
SPEAKER “BEPS Multilateral Instrument: Tax uncertainty likely to remain”.
IFA Mundial Madrid 2016 – Thomson Reuters. Spain.

OTHERS

2018 – Present
Member of the Board of Directors of the Instituto Peruano De Investigación y Desarrollo Tributario – IPIDET