First ever "Baltic States Tax Firm of the Year" award goes to SORAINEN

The list of awards for law firm SORAINEN has gained an addition – prestigious publication International Tax Review has awarded the firm the title of "Baltic States Tax Firm of the Year" on 18 May 2010. This is the first time that Baltic tax firms have been evaluated.

SORAINEN won the "Baltic States Tax Firm of the Year" award for the most innovative international and cross-border tax advice in the region. Jānis Taukačs, regional head of the SORAINEN Tax & Customs Team, comments on the prestige attached to awards from International Tax Review: "They are the highest possible international awards in the taxation field. We were delighted even to be nominated," adds Taukačs.

The awards were based on the size, innovativeness and complexity of tax matters advised between February 2009 and February 2010, as well as the general capability of a firm's tax team. Tax firms were evaluated by International Tax Review staff, who consulted a large number of tax advisers, private-practice lawyers, tax executives and in-house counsel. Transaction experience submitted by the SORAINEN Tax & Customs Team included tax advice to AON, Barclays Bank, Royal Boskalis Westminster NV and Airo Catering Services.

International Tax Review, part of the Euromoney Legal Media Group, has established itself globally as the most authoritative magazine dedicated to international tax strategy. The annual European Tax Awards are now in their fifth year, though the Baltic States category was only included this year. For the "Baltic States Tax Firm of the Year" award, SORAINEN was nominated alongside Deloitte, Ernst & Young, and PricewaterhouseCoopers. SORAINEN was also nominated for the "Baltic Transfer Pricing Firm of the Year" award.