Shareholders of Latvian ammunition manufacturer Ammunity signs agreement on sale of shares to Scandinavian Astor Group AB

We advised the shareholders of Ammunity, a Latvian small-calibre ammunition manufacturer, in connection with the agreement to sell 100% of the company’s shares to Scandinavian Astor Group AB, a Swedish defence and security company that will become a strategic investor in Ammunity. This acquisition marks an important step in the growth of Latvia’s defence industry […]

European Legal update: 29.04. – 13.05.2025.

Trainee Povilas Virbašius compiled the material. Tax The court of justice ruled on whether the denial of tax refunds to non-resident investment funds is compatible with the free movement of capital Ruling: 30 April 2025 The court of justice delivered its judgment in the case Austria v. Franklin Mutual Series Funds – Franklin Mutual European […]

The Pursuit of Scarppiness: Tax expert reveals how startups can take advantage of tax opportunities

Janis Taukacs is a seasoned tax advisor and partner at Sorainen law firm, where he leads the tax and customs practice. He has nearly 30 years of experience across the Baltics and internationally. Known for his deep expertise in corporate taxation, international structuring, and tax dispute resolution, Janis is also a passionate content creator, running […]

European Legal update: 01.04. – 14.04.2025.

Assistant lawyer Erika Pranevičiūtė compiled the material. Tax Council adopts rules to extend cooperation and information exchange between tax authorities to minimum effective corporate taxation Delivered: 14 April 2025 The Council adopted a directive (DAC9) that will extend cooperation and information exchange in the area of minimum effective corporate taxation. The objective of this directive […]

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