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Garrigues has been singled out as one of Spain and Portugal’s finest tax firms, according to the ranking published in the 2010 World Tax Report, prepared every year by the International Tax Review. In order to claim a spot in the directory’s highest category, it is essential for firms to prove solid leadership in their own jurisdiction, as well as intense international activity. Garrigues’ membership of Taxand, an independent specialist global tax network, played a pivotal role.

In Spain, Garrigues has secured its place in the directory’s top category for six years running, ever since the ranking was first released. The opinions of tax directors and an analysis of the deals made by firms represent the directory’s main source of information. World Tax emphasized the “excellent reputation of the tax department”, currently boasting over 600 professionals.

In Portugal, Garrigues’ tax practice was awarded the accolade for the fourth time by the international directory, which placed it in the leading group. The report highlighted the department’s extensive team of tax practitioners, the largest of its kind in the country, with almost thirty professionals working out of the Lisbon and Oporto offices.

Taxand rounds off Garrigues’ success
Alongside the success garnered by Garrigues, the Taxand-member firms from Australia, Denmark, Greece, India, Russia and the Ukraine were also named Tier 1 firms by the report. Overall, 39 firms pertaining to the network (practically all of its members) were included in the various categories of the World Tax 2010 guide. Taxand is currently present across the five continents and can boast 2,000 professionals, of whom 300 are partners. Since its formation in 2005, Taxand’s work has received awards in Europe, the Americas and Asia, and it received its most recent accolade when it was named ‘Latin American Tax Firm of the Year’ at the 2009 ITR Ameritas Awards.