Who We Are

Our tax experts shall assist you in all tax matters, starting from filling in a tax return, up to the most complex cross-border tax structuring issues, transfer pricing matters and shall support you and take care of wealth taxation issues. This tax team holds valuable experience in application of tax law and pioneering tax litigation techniques.

It brings together the work experience of various Big Four accounting firms, leading non-governmental organizations and the State Revenue Service, as well as academic work experience in the area of tax law and litigation. The tax team deals with all kind of taxes applicable in Latvia. The tax experts within the team are dedicated to tax review and enthusiastic in applying tax law.

Practice In Detail
  • Corporate & Individual Tax Audit
  • Corporate Income Tax
  • Cross-border Taxation
  • Customs
  • Direct & Indirect Taxation
  • Employment Tax
  • Expatriate Taxation
  • International Taxation
  • M&A Taxation
  • Personal Income Taxation
  • Second Opinion
  • Solidarity Tax
  • Tax Disputes & Litigation
  • Tax Due Diligence
  • Tax Review
  • Tax Risk Analyses
  • Tax Ruling
  • Taxation of Wealth
  • Transfer Pricing
  • Value Added Tax
Clients
  • AirBaltic
  • Airdog
  • Airo Catering
  • Akvaparks
  • ALD Automotive
  • Balcia
  • BAO
  • Bombardier Russia
  • Booking Group
  • Cream Finance
  • Datakom
  • Dayton
  • E.L.L. Kinnisvara
  • Enfield Investments Holdings Corp.
  • Hill and Knowlton Latvia
  • Invalda
  • Merks
  • Merrild Kaffe
  • NCC Property Development
  • Nokia Latvija
  • TA Hydronics
  • TK Development

Experience

Advised the management of GroGlass in an MBO transaction from NCH Capital. The management team was supported by Kartesia. GroGlass is one of the world’s leading developers and manufacturers of anti-reflective coatings on glass and acrylic for various industries. Our role was to advise the management team in respect of various corporate governance and transactional aspects with the involved parties including tax advice.

Advising NCC Property Development on various tax issues involving re-organizations of NCC group companies and transfer of losses in a tax efficient way.

Advising Baltcom Fiber (an optical subsea high capacity dark fibre cable owner) on various VAT and corporate income tax issues and drafting an advance ruling request to the Latvian tax authorities to clarify VAT and corporate income tax issues regarding the disposal of the asset in two jurisdictions and neutral sea waters.

Advising TA Hydronics UAB, part of IMI plc, in an employment dispute arising from unpaid taxes by the employee.

Tailored ENRC Latvian business structuring plans by carefully navigating branch vs. subsidiary issues.

Advised an investor from Hong Kong on investment structuring and repatriation of profits from a commercial / residential building in the heart of Riga Old Town.

Won a Supreme Court ruling in favour of CPS in a lengthy litigation for VAT refund denial. The tax authorities withheld the refund for transactions worth EUR 40 Mio alleging they were not made with a foreign based company.

Regularly advises A3E Capital SICAV plc, a fund in Malta, on ownership residence and structuring, tax optimization, owners’ tax compliance, etc.

Guided Fortgroup through tax issues during the sale of luxuriuous five star hotel FG Royal Hotel in Riga.

Assisting Spridzēnu HES with a potential EUR 8 Mio investment into biogas farm in Latvia. We performed in-depth analyses of the investment risks and the target and prepared a term sheet for the transaction, including various types of securities available to the client. We also carried out negotiations with the bank financing the project and worked out the most appropriate tax structure for the investment.

Key Contacts

Gints Vilgerts

Partner, M&A

+371 29 107 768

gints.vilgerts@vilgerts.comEmail

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