Simón Somohano

Partner Deloitte Spanish-speaking Latin America and the Caribbean region | transfer pricing

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Simón is a tax partner based in Mexico responsible for Deloitte’s transfer pricing practice in Spanish-speaking Latin America and the Caribbean region. He has more than 30 years of experience in the application of tax, economic, and financial criteria in transfer pricing; valuation analysis of intangibles; double taxation issues; planning; business model optimisation; structuring; and economic consulting.

He has consistently been named as one of the World’s Leading Transfer Pricing Advisers by Euromoney Legal Media Group. He was also recognised as the 2020 Transfer Pricing Practice Leader of the Year in Latin America by ITR.

His clients include several Fortune 500 multinational companies doing business in Mexico. He has extensive experience and a successful track record leading the Mexican negotiations of advance pricing agreements, mutual agreement procedures, and transfer pricing examinations with Mexican and foreign authorities, teaming up with colleagues in Deloitte’s global transfer pricing network.

Published by this author:

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TP documentation – building a strong first line of defence against disputes

Increased transfer pricing documentation requirements are not reducing the number of disputes. Jennifer Breeze, Chris Ferguson, and Simón Somohano of Deloitte offer regional perspectives on the issue and explain what businesses may be able to do to prevent escalation.

Jennifer Breeze, September 27, 2022
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Amendments to TP legislation continue in Mexico and Central America

Simón Somohano, Vicente Fuentes, Mario Roberto Coyoy González, Roberto Revel-Chion, and Juan Alberto Mendoza of Deloitte review transfer pricing (TP) developments in Mexico, Guatemala, El Salvador, Costa Rica, Nicaragua, Honduras, Panama, and Dominican Republic.

Simón Somohano, July 22, 2022
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Mexico and Central America: Considering the impact of new TP requirements

Deloitte’s transfer pricing experts report on the mandatory disclosure regime obligations in Mexico and the trends in transfer pricing audits across Central America.

Carla Segura, August 17, 2021
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Mexico and Central America: Balancing new transfer pricing provisions and an economic crisis

Deloitte’s practitioners from across Mexico and Central America report on the challenges that tax authorities face, as they try to provide much-needed harmonisation to regional transfer pricing (TP) regimes amid the economic fallout from the coronavirus pandemic.

Federico Paz, July 23, 2020
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Mexico clamps down on TP rules

Deloitte’s Simon Somohano and Eduardo Campos explain the Mexican tax authority’s latest non-binding transfer pricing criteria, which some have labelled heavy handed.

Eduardo Campos, September 04, 2019