SORAINEN receives its third “Baltic States Tax Firm of the Year” award in a row

Law firm SORAINEN won the “Baltic States Tax Firm of the Year” award at the prestigious International Tax Review European Tax Awards 2012, the highest-level recognition for the tax community in Europe, held in London yesterday – 16 May 2012. This is the third time that SORAINEN with its regional Tax & Customs Team has been honoured with this international commendation.

The International Tax Review awards credit the most innovative international and cross-border tax advice in the region. SORAINEN was independently evaluated by International Tax Review staff, who consulted tax advisers, private-practice lawyers, tax executives and in-house counsel alongside evaluating five other finalists for the award.

“We are honoured and proud to receive this most prestigious acknowledgement for the tax community in Europe. Complexity of client cases increases each year and it is a great achievement to be recognised for the third year in a row among well recognised tax professionals including the Big 4 audit firms,” comments Jānis Taukačs, partner and regional head of the SORAINEN Tax & Customs Team.

The 2012 award winning transaction experience submitted by the SORAINEN Tax & Customs Team included assistance to Hitachi on strategic cross-border investment in the Visaginas Nuclear Power Plant project in Lithuania, winning all the court stages for Stockmann related to tax treatment of cross-border services in Latvia, advice to LatRosTrans on wide ranging excise and customs duties, as well as VAT and CIT questions related to sale of oil supplied from Latvia by sea, plus advice for DHL in solving customs problems with the help of their EU head of customs and the EU and Latvian authorities.

International Tax Review, part of the Euromoney Legal Media Group, is the most trusted publication and online resource for corporate tax directors, policymakers and practitioners. For more than 20 years it has been providing comprehensive international news, opinions, guides to innovative deals, surveys, international updates and interviews with leading tax directors and officials from around the world. The annual awards presented by the International Tax Review are now in their seventh year.

The International Tax Review European Tax Award is the second award received by SORAINEN this year – in March 2012 SORAINEN was honoured with the “Baltic Law Firm of the Year” award at the International Financial Law Review (IFLR) European Awards 2012.

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