Juan Pablo Godoy
Founding Partner and Managing Partner, Bogota

  jgodoy@goh.law ____ |____

Juan Pablo Godoy is the Managing Partner at Godoy & Hoyos Abogados, where he directs the practices of International Trade and Mining & Petroleum, and is a partner in the Tax Law practice.

He is distinguished for his extensive experience in the extractive industry, covering exploration and production as well as the transportation and marketing of fuel and lubricant derivatives.

His background as in-house counsel has enabled him to develop a keen awareness of the legal impacts on business dynamics and organizational structures.

He has advised many of the country’s major production guilds, including the National Guild Council, and is frequently consulted by government authorities due to his esteemed expertise.

Recently, he served as a national ad honorem consultant to the International Experts Commission to evaluate the existing tax benefits in the Colombian tax system.

His practical approach and profound understanding of business operations are highly valued by clients.

His earlier career spanned over eight years at a major auditing firm and as the financial vice-president of a hydrocarbon transportation company, providing him with deep financial and accounting insights beneficial in tax advisory and transaction planning.

A noted opinion leader and communicator, he is regularly invited to speak at national and international conferences and panels on tax law, public policy design, extractive industry trends, NGOs, and Government Programs.

  • Tax Law and International Trade

  • Mining and Petroleum
  • J.D., Pontifical Xavierian University, Emphasis in Socioeconomic Sciences, 1988

  • Diploma in Comparative Tax Policy and Administration, Harvard Kennedy School, 2018
  • Colombian Institute of Tax Law
  • Latin American Institute of Tax Law
  • International Fiscal Association (IFA)
  • International Bar Association (IBA)
  • College of Lawyers Specializing in Mining and Petroleum Law
  • Division Manager, Legal and Tax Advisory, Arthur Andersen (1987-1994)
  • Specialist Lawyer, Legal and Tax Department, Esso Colombiana and Intercor (1995)
  • Executive Vice-President of Legal and Financial Affairs, later Acting President, Central Pipeline S.A. (1996-2001)
  • Managing Partner, Tax Law and International Trade Practice, Baker & McKenzie Colombia; Co-Director, Mining and Petroleum Law Practice (2001-2004)
  • Founding Partner, Godoy & Hoyos Abogados (since 2004)
  • Professor of Tax Law, Specialization in Tax Law at Rosario University, Andes University, and Xavierian University (1991-2000)
  • Professor of Tax Law, Law School, Andes University and Xavierian University (1996-2015)
  • Arbitrator, Arbitration and Conciliation Center, Chamber of Commerce of Bogotá, specializing in Energy and Transportation issues

Beyond his role as Managing Partner, which demands him to exhibit comprehensive leadership, Juan Pablo is actively involved in direct client services, focusing on tax consultancy and the structuring of acquisition or integration transactions, as well as operations in international trade and capital investment.

His clientele predominantly comprises entities in the extractive industry, including notable firms such as Cenit, Ocensa, Occidental, Maurel & Prom, and Gran Tierra Energy. In the services sector, his notable clients include Colombia Telecomunicaciones and Superior Energy; in the marketing sector, Vitol; in manufacturing, Vanyplas and Envases Puros; in construction and infrastructure, companies like Sacyr, Strabag, and Meco are represented, as well as in the real estate sector with clients like Mafer Real Estate.

  • Recognized as a leading lawyer in all international directories such as Chambers, Legal 500, International Tax Review, and Who’s Who.
  • Former President and honorary member of the Board of Directors of the Colombian Institute of Tax Law and former member of the Board of Directors of the Latin American Institute of Tax Law.
  • Former President and member of the Academic Commission of the Colombian Institute of Tax Law.
  • Former member of the Board of Directors of the Bar Association of Specialists in Mining and Petroleum Law.
  • Former President and Member of the Board of Directors of the International Fiscal Association (IFA) Colombia Chapter.
  • Javeriana Merit Badge for over twenty years as a Lecturer at the Faculty of Law.
  • José Ignacio de Márquez Honorary Mention, 1999.
Local:

  • Godoy, J. P. (1995). Remittance Tax for Companies in the Oil Industry. Bar Association of Mines and Petroleum Lawyers.
  • Godoy, J. P. (1995). Taxation and the Environment. Bar Association of Mines and Petroleum Lawyers.
  • Godoy, J. P. (1995). Deductions in Income Tax. Colombian Institute of Tax Law.
  • Godoy, J. P. (1996). Key Aspects of the 1995 Tax Reform Related to Sales Tax (VAT) and Contributions from the Extractive Industries. Proceedings of the 20th Colombian Tax Law Conference.
  • Godoy, J. P. (1999). Tax Benefits for the Reconstruction of the Coffee Axis. Colombian Institute of Tax Law / José Ignacio Márquez Honorary Mention.
  • Godoy, J. P. (2000). E-commerce and International Taxation. International Fiscal Association (IFA).
  • Godoy, J. P. (2003). Analysis of the 2002 Tax Reform. Proceedings of the 27th Colombian Tax Law Conference.
  • Godoy, J. P. (2003). Transfer Pricing in Colombia: A Comparative Law Perspective. Bogotá Chamber of Commerce.
  • Godoy, J. P. (2004). Tax Jurisprudence of the State Council, Studies/Co-author. Colombian Institute of Tax Law.
  • Godoy, J. P. (2006). Coordinator of the article: Topics in International Tax Law: Double Taxation Agreements. Legis.
  • Godoy, J. P. (2007). Co-author – The Tax Exception Clause in Free Trade Agreements. Colombian Institute of Tax Law.
  • Godoy, J. P. (2008). Amortization of Investments in Oil Exploration and Mining. Colombian Institute of Tax Law.
  • Godoy, J. P. (2009). Tax Aspects of the New Carbon Market. Javeriana University.
  • Godoy, J. P. (2010). Stock Options and Other Executive Compensation Mechanisms. Colombian Institute of Tax Law.
  • Godoy, J. P. (2010). Taxes and Environmental Economic Instruments. Latin American Institute of Tax Law.
  • Godoy, J. p, (2011). The Extrafiscal Purposes of Taxes. From Financial Law to Tax Law. Tribute to Professor Andrea Amatucci.
  • Godoy, J. P., (2016). Reflections on the Report of the Expert Commission on the Imminent Tax Reform of 2016. Institute of Political Science.
  • Godoy, J. P., (2017). The Impact of the 2016 Tax Reform on the Infrastructure Sector. Journal of the Colombian Institute of Tax Law.
  • Godoy, J. P., (2017). Evolution of the State Council’s Jurisprudence on the Value Added Tax (VAT). Jurisprudence Observatory of the Colombian Institute of Tax Law.
  • Godoy, J. P., (2018). Critical Aspects of the 2016 Tax Reform (Law 1819) on Income Tax and VAT. Presentation for the 41st Colombian Tax Law Conference, Proceedings.

International:

  • Godoy, J. P. (2005). Amortization of Investments in Mines and Petroleum. Quartier Latin, Brazil.
  • Godoy, J. P. (2008). Tax Aspects of Free Trade Agreements. Latin American Institute of Tax Law Marcial Pons.
  • Godoy, J. P, (2010). Opportunities in Colombia’s Tax System. Financier Worldwide Magazine.
  • Godoy, J. P, (2012). Tax Justice in Comparative Law: Does Colombia Need a Tax Court? Venezuelan Institute of Tax Law.
  • Godoy, J. P., (2014). De Facto Tax Powers of Territorial Entities in Colombia. Federal University of Minas Gerais, Brazil.
  • Godoy, J. P., (2014). Taxation of the Mining, Gas, and Oil Sectors. General Report. Sixth Latin American Regional Meeting, International Fiscal Association (IFA). Bolivia.

Arbitration: 

  • Upperside Vs Crear. Acted as the Chairman of the arbitration panel that settled the dispute between Upperside and Crear SAS in respect of the lease contract of a real estate property in Bogota.

Tax law

  • Cenit (2020) Legal advice to Cenit, a first-tier subsidiary of the Grupo Empresarial Ecopetrol, in all tax matters relating to differences that arose under transport contracts signed with the Grupo Frontera for the carrying of different oils through the pipeline systems of Oleoducto Bicentenario, Oleoducto Bicentenario and ancillary facilities. 
  • Occidental Corporation (2020) Legal advice in tax matters to Occidental Corporation in respect of the restructuring of its operations in Colombia. 
  • Empresas Públicas de Medellín (2020) Legal advice to EPM in all tax aspects relating to the Hidroituango project. 
  • Tax Incentives Commission (2020) Tax Incentives Commission ad honorem domestic expert appointed by the national government. The mandate of the Commission as created by Law 2010, 2019, is to revisit all of the currently tax incentives vis-à-vis the Constitutional Principles and recommend their permanence or removal. 
  • Mafer (2019 and ongoing) Legal advice to the Mafer-Cafam alliance for the construction of projects with social interest housing, healthcare centers and other services for communities in the capital of Colombia and surrounding areas. 
  • Empresas Públicas de Medellín – EPM (2019) Legal advice to EPM in all tax matters related to its business alliance with Invenergy for the management of unconventional power generation projects. 
  • Devimar (2019) Legal advice in all tax aspects relating to the financial closing of the Concessionaire 4G Desarrollo Vial al Mar, Devimar. 
  • Vitol (2019) Legal advice to Vitol all tax aspects and foreign trade regulatory matters for its project of crude oil marketing in the Colombian market. 
  • Colombian Chamber of Infrastructure (2018) Legal advice to the Colombian Chamber of Infrastructure in the process of drafting regulations for the 2016 tax reform. This was done to guarantee a set of income tax rules for infrastructure projects and public-private associations in accordance with the law and the economic cycle of their business. 
  • National Commission for Tax Reform (2018) Ad honorem member of the commission of experts appointed by the national government that drafted the proposed Tax Reform. 

Renowned for his extensive experience and deep understanding of the business world, Juan Pablo possesses a practical sense that is highly appreciated by clients.

His background in major auditing firms and his role as financial vice-president in the hydrocarbon transportation sector have equipped him with valuable skills in financial and tax advisory, making him a sought-after expert and speaker on various national and international platforms.

Awards

Languages

Spanish

English

Portuguese

Juan Pablo Godoy
Founding Partner and Managing Partner, Bogota

  jgodoy@goh.law ____ |____

Juan Pablo Godoy is the Managing Partner at Godoy & Hoyos Abogados, where he directs the practices of International Trade and Mining & Petroleum, and is a partner in the Tax Law practice.

He is distinguished for his extensive experience in the extractive industry, covering exploration and production as well as the transportation and marketing of fuel and lubricant derivatives.

His background as in-house counsel has enabled him to develop a keen awareness of the legal impacts on business dynamics and organizational structures.

He has advised many of the country’s major production guilds, including the National Guild Council, and is frequently consulted by government authorities due to his esteemed expertise.

Recently, he served as a national ad honorem consultant to the International Experts Commission to evaluate the existing tax benefits in the Colombian tax system.

His practical approach and profound understanding of business operations are highly valued by clients.

His earlier career spanned over eight years at a major auditing firm and as the financial vice-president of a hydrocarbon transportation company, providing him with deep financial and accounting insights beneficial in tax advisory and transaction planning.

A noted opinion leader and communicator, he is regularly invited to speak at national and international conferences and panels on tax law, public policy design, extractive industry trends, NGOs, and Government Programs.

  • Tax Law and International Trade

  • Mining and Petroleum
  • J.D., Pontifical Xavierian University, Emphasis in Socioeconomic Sciences, 1988

  • Diploma in Comparative Tax Policy and Administration, Harvard Kennedy School, 2018
  • Colombian Institute of Tax Law
  • Latin American Institute of Tax Law
  • International Fiscal Association (IFA)
  • International Bar Association (IBA)
  • College of Lawyers Specializing in Mining and Petroleum Law
  • Division Manager, Legal and Tax Advisory, Arthur Andersen (1987-1994)
  • Specialist Lawyer, Legal and Tax Department, Esso Colombiana and Intercor (1995)
  • Executive Vice-President of Legal and Financial Affairs, later Acting President, Central Pipeline S.A. (1996-2001)
  • Managing Partner, Tax Law and International Trade Practice, Baker & McKenzie Colombia; Co-Director, Mining and Petroleum Law Practice (2001-2004)
  • Founding Partner, Godoy & Hoyos Abogados (since 2004)
  • Professor of Tax Law, Specialization in Tax Law at Rosario University, Andes University, and Xavierian University (1991-2000)
  • Professor of Tax Law, Law School, Andes University and Xavierian University (1996-2015)
  • Arbitrator, Arbitration and Conciliation Center, Chamber of Commerce of Bogotá, specializing in Energy and Transportation issues

Beyond his role as Managing Partner, which demands him to exhibit comprehensive leadership, Juan Pablo is actively involved in direct client services, focusing on tax consultancy and the structuring of acquisition or integration transactions, as well as operations in international trade and capital investment.

His clientele predominantly comprises entities in the extractive industry, including notable firms such as Cenit, Ocensa, Occidental, Maurel & Prom, and Gran Tierra Energy. In the services sector, his notable clients include Colombia Telecomunicaciones and Superior Energy; in the marketing sector, Vitol; in manufacturing, Vanyplas and Envases Puros; in construction and infrastructure, companies like Sacyr, Strabag, and Meco are represented, as well as in the real estate sector with clients like Mafer Real Estate.

  • Recognized as a leading lawyer in all international directories such as Chambers, Legal 500, International Tax Review, and Who’s Who.
  • Former President and honorary member of the Board of Directors of the Colombian Institute of Tax Law and former member of the Board of Directors of the Latin American Institute of Tax Law.
  • Former President and member of the Academic Commission of the Colombian Institute of Tax Law.
  • Former member of the Board of Directors of the Bar Association of Specialists in Mining and Petroleum Law.
  • Former President and Member of the Board of Directors of the International Fiscal Association (IFA) Colombia Chapter.
  • Javeriana Merit Badge for over twenty years as a Lecturer at the Faculty of Law.
  • José Ignacio de Márquez Honorary Mention, 1999.
Local:

  • Godoy, J. P. (1995). Remittance Tax for Companies in the Oil Industry. Bar Association of Mines and Petroleum Lawyers.
  • Godoy, J. P. (1995). Taxation and the Environment. Bar Association of Mines and Petroleum Lawyers.
  • Godoy, J. P. (1995). Deductions in Income Tax. Colombian Institute of Tax Law.
  • Godoy, J. P. (1996). Key Aspects of the 1995 Tax Reform Related to Sales Tax (VAT) and Contributions from the Extractive Industries. Proceedings of the 20th Colombian Tax Law Conference.
  • Godoy, J. P. (1999). Tax Benefits for the Reconstruction of the Coffee Axis. Colombian Institute of Tax Law / José Ignacio Márquez Honorary Mention.
  • Godoy, J. P. (2000). E-commerce and International Taxation. International Fiscal Association (IFA).
  • Godoy, J. P. (2003). Analysis of the 2002 Tax Reform. Proceedings of the 27th Colombian Tax Law Conference.
  • Godoy, J. P. (2003). Transfer Pricing in Colombia: A Comparative Law Perspective. Bogotá Chamber of Commerce.
  • Godoy, J. P. (2004). Tax Jurisprudence of the State Council, Studies/Co-author. Colombian Institute of Tax Law.
  • Godoy, J. P. (2006). Coordinator of the article: Topics in International Tax Law: Double Taxation Agreements. Legis.
  • Godoy, J. P. (2007). Co-author – The Tax Exception Clause in Free Trade Agreements. Colombian Institute of Tax Law.
  • Godoy, J. P. (2008). Amortization of Investments in Oil Exploration and Mining. Colombian Institute of Tax Law.
  • Godoy, J. P. (2009). Tax Aspects of the New Carbon Market. Javeriana University.
  • Godoy, J. P. (2010). Stock Options and Other Executive Compensation Mechanisms. Colombian Institute of Tax Law.
  • Godoy, J. P. (2010). Taxes and Environmental Economic Instruments. Latin American Institute of Tax Law.
  • Godoy, J. p, (2011). The Extrafiscal Purposes of Taxes. From Financial Law to Tax Law. Tribute to Professor Andrea Amatucci.
  • Godoy, J. P., (2016). Reflections on the Report of the Expert Commission on the Imminent Tax Reform of 2016. Institute of Political Science.
  • Godoy, J. P., (2017). The Impact of the 2016 Tax Reform on the Infrastructure Sector. Journal of the Colombian Institute of Tax Law.
  • Godoy, J. P., (2017). Evolution of the State Council’s Jurisprudence on the Value Added Tax (VAT). Jurisprudence Observatory of the Colombian Institute of Tax Law.
  • Godoy, J. P., (2018). Critical Aspects of the 2016 Tax Reform (Law 1819) on Income Tax and VAT. Presentation for the 41st Colombian Tax Law Conference, Proceedings.

International:

  • Godoy, J. P. (2005). Amortization of Investments in Mines and Petroleum. Quartier Latin, Brazil.
  • Godoy, J. P. (2008). Tax Aspects of Free Trade Agreements. Latin American Institute of Tax Law Marcial Pons.
  • Godoy, J. P, (2010). Opportunities in Colombia’s Tax System. Financier Worldwide Magazine.
  • Godoy, J. P, (2012). Tax Justice in Comparative Law: Does Colombia Need a Tax Court? Venezuelan Institute of Tax Law.
  • Godoy, J. P., (2014). De Facto Tax Powers of Territorial Entities in Colombia. Federal University of Minas Gerais, Brazil.
  • Godoy, J. P., (2014). Taxation of the Mining, Gas, and Oil Sectors. General Report. Sixth Latin American Regional Meeting, International Fiscal Association (IFA). Bolivia.
Tax law
  •  Year 2018: Legal advice to the Colombian Chamber of Infrastructure in the entire process of drafting regulations for the 2016 tax reform. This was done to guarantee a set of income tax rules for infrastructure projects and public-private associations in accordance with the law and the economic cycle of their business. 
  •  Year 2018: Ad honorem member of the national government appointed commission of experts that drafted the proposed Tax Reform.
  •  Year 2019: Legal advice to the Mafer-Cafam alliance for the construction of projects with social interest housing, healthcare centers and other services for communities in the capital of Colombia and surrounding areas. 
  •  Year 2019: Legal advice to EPM in all tax matters related to its business alliance with Invenergy for the management of unconventional power generation projects. 
  • Year 2019: Legal advice in all tax aspects relating to the financial closing of the Concessionaire 4G Desarrollo Vial al Mar, Devimar. 

  •  Year 2019: Legal advice to Vitol all tax aspects and foreign trade regulatory matters for its project of crude oil marketing in the Colombian market. 
  • Year 2020: Legal advice to Cenit, a first-tier subsidiary of the Grupo Empresarial Ecopetrol, in all tax matters relating to differences that arose under transport contracts signed with the Grupo Frontera for the carrying of different oils through the pipeline systems of Oleoducto Bicentenario, Oleoducto Bicentenario and ancillary facilities.  

  • Year 2020: Legal advice to EPM in all tax aspects relating to the Hidroituango project.  

Renowned for his extensive experience and deep understanding of the business world, Juan Pablo possesses a practical sense that is highly appreciated by clients.

His background in major auditing firms and his role as financial vice-president in the hydrocarbon transportation sector have equipped him with valuable skills in financial and tax advisory, making him a sought-after expert and speaker on various national and international platforms.

Awards

Languages

Spanish

English

Portuguese