The current crisis presents opportunities in the field of taxation and transfer pricing. Companies need to decide how to manage their intra-group transaction and transfer pricing systems, to reduce their current tax burden by changing intercompany prices. Where we stand The pandemic forms a clear and present danger for the global economy. Business supply chains […]
The work stoppage due to the raging pandemic in Europe has created tax risks for Baltic construction companies active abroad because their commercial revenue might be taxed there instead of their home country. Why is it important that activity on a construction site lasts less or more than 6 months? Many Baltic contractors operate on […]
Deals & Cases / Mantas Petkevičius, Inga Macijauskaitė, Jurgita Tekorienė, Augustė Bučytė, Augustas Klezys, Agnė Sovaitė, Kamilė Kukaitytė, Goda Drąsutė, Saulė Dagilytė, Rasa Mikutienė, Dobilė Minkutė, Sidas Sokolovas
We are assisting Nitin Shelke, the founder and chairman of Growmore Group, in entering into an agreement for the strategic acquisition of Medicinos Bankas – a retail bank in Lithuania with assets of USD 395 million (EUR 355 million). Growmore Group is a global investment and financial services conglomerate with businesses across the UAE, UK, […]
We represented Tallinna Linnatranspordi Aktsiaselts (TLT), a company fully owned by the City of Tallinn, in a procurement to purchase compressed gas for TLT’s natural gas-powered buses. The buses are due to arrive late in the summer of 2020 and the supply of gas will last for the next 10 years. The procurement also included […]
Downtime caused by the COVID-19 pandemic in Europe poses a tax risk to Estonian construction companies operating abroad, as their business income may be taxed in that foreign country instead of Estonia, warns our senior associate Kaido Künnapas. Read more in Estonian.