Deloitte in the Baltics has offices in Vilnius, Riga, and Tallinn, which is one of the largest practices in the region comprising of 20 professionals focusing on TP. The team offers full TP services which includes assisting clients with TP strategies, business model optimisation of international group companies, APA application and more.
The Lithuanian team prepared an APA for a client regarding a loan from an associated bank belonging to the same group of companies. This involved economic analysis with comparable uncontrolled price methods for establishing the arm’s-length price.
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 Platform, Solutions & Intelligence and operational transfer pricing practice serving clients’ needs across all jurisdictions.
Led by well-recognised, Oslo-based partner Sveinung Baumann-Larsen, the operational transfer pricing team brings together multi-disciplinary experience and resources focusing on IT, accounting, and tax from the entire region to bring to bear 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.
Pan-Baltic firm TGS Baltic has offices in Latvia, Lithuania and Estonia. It has more than 135 lawyers in the region, providing a range of tax and transfer pricing advisory work. The team has experience advising on TP-related matters involving intra-group loans and more. The key partner located in Lithuania is Robertas Degesys.
The firm assisted a group of companies with the development and use of their intangible assets. This involved analysing various implications of implementation for a tax optimal result, and the cross-border transaction included Lithuania.