Tax
Europe Guide 2024 : Latvia
Band 1
About
Provided by COBALT
One of the most mature tax practices on the Latvian market, with a team of six specialists including two partners, two specialist counsels, two senior associates, with one partner in charge of the practice group and the other leading particular cases in the areas of their expertise. At Baltic level, COBALT has one of the most integrated tax practices, with a team of sixteen specialists including five partners.
Our attorneys have expertise in tax laws, as well as other areas of law important for business. Therefore, our team provides tax advice that takes into account the broader legal context of transactions, as well as assessing the tax consequences when advising on transactions.
Our tax team has a record of successfully representing our clients before the tax authority and the courts, utilizing arguments based on EU law, administrative law, and human rights. This allows us to effectively protect our clients' interests in cases where expertise in tax law alone would be insufficient.
Our work mainly involves tax litigation, local and cross-border tax structures, consultations on M&A transactions, financing transactions, and changes in corporate structures.
Chambers Review
COBALT is a top-rated law firm noted for its wealth of experience acting for international and domestic companies. The team excels in advocating for clients in tax disputes against the State Revenue Service, with notable expertise in corporate income tax and VAT issues. COBALT's tax experts also assist with tax issues related to restructurings, M&A and real estate transactions.
Strengths
Provided by Chambers
"COBALT always looks for solutions rather than obstacles."
"COBALT always looks for solutions rather than obstacles."
Notable Practitioners
Sandija Novicka is rated as one of the top tax lawyers in Latvia thanks to her broad practice spanning VAT and income tax as well as matters relating to restructuring and real estate transactions.