backIvonne Montaño
Ivonne is an associate in the Tax practice.
She has advised clients on complex domestic and cross-border transactions across various sectors and industries. Her approach focuses on providing innovative, goal-oriented solutions aligned with her clients’ business models and priorities. She is passionate about fostering self-awareness, effective communication, decisiveness, flexibility, critical thinking, and commitment within the teams she works with.
Ivonne has provided tax advisory services to Mexican and foreign pension, investment, private equity, and sovereign wealth funds; financial institutions and not-for-profit organizations; multinational enterprises; foreign clients with permanent establishments in Mexico; Mexican REITs and Infrastructure MLPs; insurance companies; and other legal entities and individuals. She advises them on day-to-day operations, mergers, share and asset acquisitions, corporate reorganizations, financings, capital markets transactions, real estate and energy projects, tax obligations in the food and beverage industry, and digital business models.
She has also coordinated teams handling tax audits, federal tax refund procedures, and private letter ruling requests before the Mexican tax authorities. These matters include a US$275 million VAT refund requested in 2020 and approved in 2021. She has also participated in tax policy activities, including advising on, advocating for, and drafting proposals for administrative tax rules.
Before joining Galicia, Ivonne spent more than seven years as a senior associate at another leading Mexican law firm. She previously worked as a lawyer at AXA Mexico.
Ivonne has played a key role in projects recognized by International Tax Review (ITR): (i) the investment by Singapore’s sovereign wealth fund GIC with CCLA, recognized as the 2018 Tax Real Estate Deal of the Year; (ii) Coca-Cola Femsa’s acquisition of Brazil’s Vonpar group, recognized as the 2017 Americas Consumer Products Tax Deal of the Year; and (iii) Blackstone’s acquisition of GE Real Estate Mexico’s lending platform and Mexican real estate loan portfolio, recognized as the 2016 Americas Real Estate Tax Deal of the Year.
She earned her law degree with honors from Universidad Nacional Autónoma de México (2014) and was a candidate for the Gabino Barreda Medal for academic excellence. She subsequently completed postgraduate studies in Tax Law at Escuela Libre de Derecho (2015) and earned an LL.M. in International Tax Law from King’s College London (2022). For her LL.M. studies, she received academic excellence scholarships from the Carlos Slim Foundation, the Brockmann Foundation, and Banco de México. In 2026, she earned a bachelor’s degree in Public Accounting and Finance.
Ivonne is an active member of Abogadas MX and the Women of IFA Network (WIN) Committee.
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