Deloitte’s Lithuanian office has had a large focus on APA-related projects over the last 12 months. Giedrius Padriezas leads the transfer pricing team in Lithuania and has been with the firm since 2012.
Last year the team advised on the development of a cost contribution arrangement on a pan-Baltic level for a leading financial institution.
Viktorija Urbytė was hired as tax manager in 2017. Before joining the firm, she acted as tax manager for TaxCube. The firm hired senior tax consultant Dovydas Jasiūnas in the same year. Jasiūnas was a tax consultant at EY before joining the Deloitte team.
The EMEIA Tax Center at EY is organised as a supranational entity covering the entire Europe, Middle East, India and Africa (EMEIA) region, with its Intercompany Effectiveness and operational transfer pricing practice serving clients’ needs across all jurisdictions.
Led by Oslo-based partner Sveinung Baumann-Larsen, it brings together multi-disciplinary experience and resources focused on IT, accounting, and tax from the entire region in its work. This work covers some of the leading global companies in their respective fields and includes those involved in retail and consumer products, energy and pharmaceuticals, to name but a few.
Sorainen is a leading firm in the Baltic States. Tomas Kontautas is the managing partner of Sorainen Lithuania and co-head of the firm’s banking, finance and insurance practice group in Lithuania. He has been practicing law since 1997 and specialises in tax, banking and investment funds. Partner Saulė Dagilytė is head of the tax and customs practice group in Lithuania. He has a wealth of experience in tax and M&A issues.
Over the last year the firm was involved in Nordea combining its Baltic operations with DNB to create Luminor. The firm assisted in transaction planning and structuring. The firm also advised Palink, the operator of the second largest retail chain in Lithuania, over the last year with a high-value acquisition.
Assocaite Ieva Tumalavičiūtė was hired in 2017. Before joining the firm Tumalavičiūtė was an associate at Primus.
Robertas Degesys is the head of the TGS Baltic transfer pricing team in Lithuania. Tax consultant Dainius Daugirda also works on transfer pricing matters at the firm.
Over the last 12 months the team has acted as legal adviser on transfer pricing issues following BEPS. It also advised on the development of transfer pricing policy for a large company.