Isis Carballo-Irigoyen

E-mail address: ici@mcvpr.com
Phone number:(787) 250-5691
Fax number: (787) 474-9212

Isis Carballo-Irigoyen is a Special Tax Counsel in the Tax Practice Group.

Practice Areas

Mrs. Carballo's practice includes corporate tax and tax incentives laws. She has performed extensive work concerning Puerto Rico and United States income taxation of corporations and investment income. A substantial part of her practice is devoted to handling reorganizations, acquisitions and tax audits for clients, as well as negotiating closing agreements and requests for rulings on various tax matters with the Puerto Rico Treasury Department. She also has extensive experience in the negotiation of tax exemption grants with the Puerto Rico Office of Industrial Tax Exemption for clients, in the context of new operations and expansions, as well as troubled industries.

Education

She obtained a Bachelor of Arts from the Woodrow Wilson School of Public and International Affairs with a concentration in Economics, cum laude, from Princeton University. She obtained her juris doctor from Columbia University.

Admissions

Mrs. Carballo is admitted to practice in the Commonwealth of Puerto Rico and the United States Court of Appeals for the First Circuit.

Memberships

She is a member of the Puerto Rico Bar Association, the American Bar Association (Tax Section), the Hispanic National Bar Association, and the Tax Committee of the Puerto Rico Manufacturers Association. Mrs. Carballo is a member and past President of the Princeton University Alumni Association of Puerto Rico. She served as Chairperson of Princeton University's Schools Committee in Puerto Rico, and served as a member of Princeton University's National Schools Committee. She is also a member of the Board of Directors of various manufacturing corporations in Puerto Rico.

Representative Cases

Together with other members of the legal and accounting profession, she commented on and proposed changes to the bills which eventually became the Puerto Rico Tax Reform Act of 1987, and the Excise Tax Act of the Commonwealth of Puerto Rico of 1987. Mrs. Carballo spearheaded various amendments to the Puerto Rico Tax Incentives Act of 1998.

Publications

Mrs. Carballo is the author of "Puerto Rico's Subchapter N Eliminates Double Taxation," and "Puerto Rico Offers Tax Exemption for Services to Foreign Markets," which were published in the Journal of International Taxation. She has also been a lecturer in various corporate tax seminars sponsored by the Puerto Rico Manufacturers Association.