Juan Carlos Peñafiel Revelo

Juan Carlos Peñafiel Revelo is partner with Flor & Hurtado specialising in tax law.

Juan Carlos graduated as an attorney at the Pontifical Catholic University of Ecuador and then obtained his juris doctor degree. He obtained a tax attorney degree from Universidad Andina Simón Bolivar, a tax law degree from Salamanca University, Spain, and a master’s degree in law and tax law also from Universidad Andina Simón Bolivar.

Prior to joining the firm, Juan Carlos was a senior associate at Bustamante & Bustamante and also worked at the Internal Revenue Service in its different departments, starting at the claims department and then ultimately at the legal tax department.

Relevant Experience:

• Exercise of the tax profession since 2000.
• Legal analyst of administrative claims related to income tax, value added tax (VAT), excise tax (ICE), tax on vehicle registration, among others.
• Tax Attorney before the District Tax Litigation Tribunal and before the Supreme Court of Justice in the contentious tax procedures of actions that question administrative resolutions and direct actions
• Comprehensive advice on tax matters, with the practice of services such as Tax Planning, Due Diligence, Tax Recovery, sponsorship in tax litigation before administrative litigation and judicial litigation, sponsorship in tax constitutional actions, international tax advice, among others.
• Successful sponsorship in a trial that culminated in the saving of approximately 60 million dollars in tax litigation, through which the claim of the oil company was accepted. This sponsorship challenged the fiscal redeterminations practiced by the SRI in 1998, 1999 and 2000.
• Successful sponsorship in a trial that culminated in the saving of US $ 7,580,004.28 in tax litigation, through which a lawsuit against the determination of a 1.5. for every thousand tax on total assets (municipal taxes) was accepted.
• Recovery of taxes for companies related to the technology, advertising, energy, hydrocarbon and textile industries, among others, for improper payments, payments in excess of income tax, VAT tax credit, special consumption tax, taxes about payments made abroad by locals. Companies that could not benefit directly from international agreements to avoid double taxation (CDI)
• Precursor in the return of the advance payment of the income tax due to unforeseen circumstances.