SORAINEN wins Baltic Tax Firm of the Year Award

17.05.2012, 15:00

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 on 16 May.

This is the third time that SORAINEN with its regional Tax & Customs Team has been honoured with this international commendation, announced the company.

“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,” commented 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.

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.

SORAINEN is the leading regional business law firm with fully integrated offices in Estonia, Latvia, Lithuania and Belarus. Established in 1995, today SORAINEN numbers more than 120 lawyers and tax consultants advising international and local organisations on all business law and tax issues involving the Baltic States and Belarus.