The tax group at Cobalt successfully represents clients before the tax authority and the courts. In addition to tax litigation, the team handles both local and cross-border tax structuring, M&A consultations, financing transactions, and changes to corporate structures. Highlighting the wealth of experience at the firm, it represents clients from a wide background of industries, including construction, manufacturing, retail, and real estate. The head of the practice group, Sandija Novicka, has particular specialties in tax disputes and litigation, tax structuring, financial services, and insurance matters.
Tax in Latvia
Cobalt
Praxisleiter:
Sandija Novicka
Referenzen
‘Fast and competent.’
‘They take a holistic approach to our compliance instead of just answering the specific question.’
‘Lawyers understand complex tax matters.’
Kernmandanten
Hepsor AS
Kapitel AS
BaltCap
Civinity
BAUER Spezialtiefbau GmbH
Eco Baltia AS
Eolus
Linstow
Ergo
Roche
Highlight-Mandate
- Represented the German company BAUER Spezialtiefbau GmbH in two disputes with the State Revenue Service regarding value-added tax.|
- Represented Dinex Latvia in a court case with the Latvian tax authority regarding fines imposed for failure to submit proper transfer pricing documentation.
Sorainen
Sorainen‘s tax team is a well-established group, with a range of work covering both contentious and non-contentious tax law-related matters. The firm is regularly involved in providing tax advice as part of M&A transactions, business transfers, corporate structuring, and related-party transactions, as well as representing clients in tax disputes. Demonstrating the array of expertise the firm utilises in this area is the range of industries in which it provides advice, with its client roster encompassing a variety of companies, from pharmaceutical players to financial investors. Jānis Taukačs jointly leads the team alongside new practice head Aija Lasmane, who was promoted to the partnership at the beginning of 2024 and brings extensive experience in managing transfer pricing projects and structuring M&A transactions.
Praxisleiter:
Jānis Taukačs; Aija Lasmane
Kernmandanten
Straumann Group
Kajax Fishexport
DelfinGroup
ViziaFinance
Nissan Nordic Europe
Olympic Casino Latvia
4Finance
Moon Inc
Bitus Latvia
Highlight-Mandate
- Assisting the consumer credit service provider 4Finance AS with the application to the Constitutional Court in a case concerning the obligation to pay a Corporate income tax surcharge, as well as the procedure for its calculation.
- Advising Moon Inc. and its shareholders on various tax matters related to corporate structuring and related-party transactions.
- Advised Bitus Latvia on the transfer pricing model applicable to the company’s business and assisted with the preparation of transfer pricing documentation.
WALLESS
WALLESS‘s tax team is highly experienced in tax litigation, and competent at providing tax advice based on years of experience. They have a vast offering of tax services, such as advice on tax due diligence and compliance, representation in audits and disputes, and assistance with tax structuring, optimisation, and transfer pricing. The ‘professional, knowledgeable’ team is led by Ingūna Ābele, who provides not just day-to-day assistance but also engages with tax disputes.
Praxisleiter:
Ingūna Ābele
Referenzen
‘WALLESS dives deep into the specifics of the problem and provides clear, concise, tailor-made advice.’
‘Ingūna Ābele is our go-to person for everything tax-related. Professional, knowledgeable, and pleasure to work with.’
Kernmandanten
BNY Mellon
BluOr Bank AS
Eco Baltia vide SIA
CleanR Grupa AS
Depo DIY group
PayRay, UAB
INDEXO REAL ESTATE FUND
ZGI Capital Alternative investment fund
Merito Partners, SIA
Lemon Gapa SIA
Modus Group companies Baltijas Sporta Auto SIA and Autobrava SIA
TAV Latvia
Lumi Capital
Pipelife Latvia SIA
Highlight-Mandate
- Advised Eco Baltia on restructuring after the acquisition of three target companies.
- Represented a real estate company in a court dispute with the SRS over an input VAT deduction.
- Advised BluOr Bank AS on cross-border real estate sale tax issues.
Ellex
The tax team at Ellex is very active across the breadth of the practice area. They regularly engage in a range of tax-related matters, from disputes, real estate projects, and M&A transactions, to customs procedures and financing transactions. Leading the team is Eduards Dzintars, an experienced attorney who combines ‘extensive knowledge and outstanding practical experience’, specialising in all aspects of tax law, providing advice on the application of VAT, tax disputes, risk assessments, and tax structuring.
Praxisleiter:
Eduards Dzintars
Referenzen
‘Senior Counsel Eduards Dzintars – precise, fast, efficient, detail-oriented, experienced.’
‘Eduards Dzintars is a hard-working and knowledgeable legal advisor, and we appreciate the work Eduards has done for us over the years.’
‘Knows the client well and understands the nuances of their business and their objectives in pursuing a transaction, they add real value by giving legal and strategic advice that helps us realize our ultimate objectives.’
Kernmandanten
Printful
Sanofi
Whirlpool
Booking.com
Coca-Cola HBC
Nokia
Citibank
Accenture
Intel
Danone
Henkel
Airbnb
L’Oréal
PayRay
Saint Gobain
Highlight-Mandate
- Advised Printful on various tax matters with various aspects.
- Advised L’Oréal Group on the implementation of an employee share option programme.
- Supported Sportland in relation to amendments in the Natural Resources Tax Law in Latvia.
Eversheds Sutherland Bitans
The tax practice group at Eversheds Sutherland Bitans is involved in a variety of mandates, including cross-border transaction structuring, then tax elements of real estate acquisitions and management transactions, corporate income tax, personal income tax, and indirect taxes. With notable experience in the energy sector, the firm continues to support clients in M&A transactions and restructuring processes. The ‘responsive and professional’ team benefits from the leadership and experience of Anete Marhele.
Praxisleiter:
Anete Marhele
Referenzen
‘They have various experts in various specific areas available.’
‘They are responsive and professional.’
‘Eversheds Sutherland Bitans team stands out for its ability to deliver practical, strategic solutions, tailored to meet the unique needs of each client.’
Kernmandanten
LHV Varahaldus
SIA “Kronospan Riga”
SIA “BM Holding”
Highlight-Mandate
- Advised Estonian pension fund “LHV Varahaldus” on day-to-day legal and tax matters.
- Advised wood-based panel manufacturer SIA “Kronospan Riga” on obtaining control in “KS Terminal”, a company operating in Riga Free Port Authority.
- Assisted SIA “BM Holding” with the development, production, and financing of biomethane production facilities.
TGS Baltic
TGS Baltic‘s tax team handles a variety of cases encompassing all facets of taxation. Alongside a ‘huge tax dispute capability’, the firm regularly engages with work involving diverse tax restructuring matters, transfer pricing, customs procedures, wealth management, and both personal and corporate taxation. Jointly leading the team is the ‘very good expert’ Rūdolfs Vilsons, a certified tax advisor, alongside Andra Rubene.
Praxisleiter:
Andra Rubene; Rūdolfs Vilsons
Referenzen
‘TGS represents a small but capable and specialised tax group with a huge tax dispute capability.’
‘I have worked with Rūdolfs Vilsons from several companies and on several tax matters – tax DD, structuring, and TP. He just became an attorney-at-law and is a certified tax consultant. He is great to work with.’
‘Rūdolfs Vilsons is a very good expert. Especially with tax disputes, disputes with SRS, tax planning, loan management, risk assessment and planning.’
Kernmandanten
United Partners Group OÜ
BRC SIA
Kesko Senukai Latvia AS
Invego OU
Hawesko Holding SE
IFCO SYSTEMS GmbH
Moller Auto Real Estate AS
Duck Republic AS
1Home Group AS
Latgran SIA
Marijas 2 SIA
Evernord Real Estate Fund III
My Fitness SIA
EDEN SPRINGS LATVIA SIA
Atlas Services Group Latvia SIA
GREEN LINE SERVICES SIA
CRONIMET
Energy Transition Group
Highlight-Mandate
- Advising the Estonian real estate company Invego OU on taxation related to developing several real estate projects in Latvia.
- Advised Hawesko Holding S.E. on carrying out pan-Baltic tax due diligence on Balmerk Latvia SIA and Vintage SIA, premium wines and champagnes distributors in Latvia, Lithuania, and Estonia.
- Assisted Duck Republik AS / 1Home Group AS with the tax structuring of an investment property acquisition.
BDO Law
BDO Law‘s tax department is recognised for its tax consulting expertise. The team possesses extensive knowledge of relevant tax laws, regulations, and legislative changes. The group provides advice on transfer pricing documentation, handle correspondence with the tax authorities, and supports client with tax due diligence matters. Vita Liberte, Jānis Zelmenis, and Krisjanis Volfs are key senior names in the team.
Praxisleiter:
Vita Liberte; Janis Zelmenis; Krisjanis Volfs
Highlight-Mandate
Kronbergs Cukste Levin
The tax team at Kronbergs Cukste Levin is involved in a variety of tax-related matters, from bank liquidation processes to constitutional court proceedings. The team is led by Vineta Cukste-Jurjeva and uses ‘perfect timing, thoughtful strategic planning, and fast solutions’ to assist clients with their various tax matters.
Praxisleiter:
Vineta Cukste-Jurjeva
Weitere Kernanwälte:
Valters Kronbergs
Referenzen
‘They are always quick, react very fast, and bring in solutions or reply very fast.’
‘Perfect timing, thoughtful strategic planning, fast solutions for everyday needs and long-term projects.’
‘Valters Kronbergs is an expert in the field. Great experience in the international business environment and corporate practices.’
Kernmandanten
Sun Finance Group
Atlas Premium Seafood
Kastos SIA
ABLV in liquidation
DHL
Fontes
Moller Auto Baltic
AS 4finance
SIA Suncrisp
Lilian Rasa
Mareike Mgdalena Muller
Aspect Custom Wear
Estate of Peter Baker
Panasonic
DK Avia
GEFCO
Estate Guru OÜ
Hauser SIA
Kingsblue Publishing Limited
Riwal Latvia
Netcracker
Bridgestone Baltics
Peek & Cloppenburg
Highlight-Mandate
- Representing Sun Finance group companies in a Constitutional Court dispute related to amendments to Latvian Corporate Income tax law on the additional tax imposed on credit institutions and consumer crediting companies due to an increase of EURIBOR rates.
- Represented ABLV Bank under liquidation in the million Euro recovery claim regarding corporate tax from a 2017 tax filing.
- Advising Fontes on tax structuring, tax implications of share capital payment during restructuring, and tax aspects of reorganization and sale of business.
Magnusson
Magnusson‘s tax team delivers comprehensive services that includes advice on direct and indirect taxes, corporate taxes, transfer pricing, and tax dispute resolution. They offer these solutions tailored to the unique needs of the customer, in industries such as finance and real estate. Matīss Rostoks leads the team, which provides ‘fast and result-oriented solutions’.
Praxisleiter:
Matīss Rostoks
Referenzen
‘Magnusson is outstanding in covering a broad variety of fields, including tax. That means the client can rest assured of having one partner for all legal needs. Having leaders in the team with loads of previous experience adds additional comfort in knowing the quality of advice is always filled with practical experience rather than just theory.’
‘Tax partner Matīss Rostoks ensures outstanding speed of interaction, and the quality of the feedback is always extremely thorough, with the opportunity to talk through case management to explore the best solutions. Solutions are always followed by cited legislation.’
‘Matīss Rostoks provides fast and result-oriented solutions. The speed of receiving support is outstanding.’
Kernmandanten
Corvus company
Credeo
SIA Demontāža
Eco System
EER Energetikos elektrenu remontas
Eurolinen
Flix Bus
Gaspars Racing Team
Tax Free
Citco
Mustad
SIA Saneco
SIA BN 22
Firma L4
SIA Rags
Jadis
Orifarm
SIA NAOO Investments
Highlight-Mandate
- Assisting Corvus company with the specifics of waste management taxation.
ZAB Deloitte Legal
Deloitte Legal in Latvia‘s tax team provides a range of assistance and advice to various clients across the region. It is involved in a range of industries, including manufacturing, retail, and transportation, offering advisory work, business transfer advice, and support with reorganisations, amongst other services. Ivita Samlaja and Jānis Čupāns jointly spearhead the practice.
Praxisleiter:
Ivita Samlaja; Jānis Čupāns
Referenzen
‘Excellent skill set combined with a very pragmatic approach.’
‘Well-versed in international relations, an excellent command of English.’
‘Great business acumen, combined with an eye for detail and nonlegal considerations. Great responsiveness.’
Kernmandanten
SIA “Kronus”
SIA “Dinotrans”
AS “Dobeles dzirnavnieks”
Air Baltic Corporation AS
AS “Honor Invest”
Polipaks SIA, Multipack SIA
Group DC
CATERPILLAR
GoCardlessUK
SIA “RIMI LATVIA”
Highlight-Mandate
- Advised SIA “RIMI LATVIA” on the tax elements of a large investment project.
- Assisted SIA “Dinotrans” with developing and implementing a key long-term motivation system for their personnel.
- Supported Dinex Latvia SIA with an ongoing mutual agreement procedure and provision of support during arbitration procedures.