Baltic States Tax Firm of the Year Award

Yesterday, Sorainen was named the Baltic States Tax Firm of the Year by the International Tax Review (ITR), the leading publication for tax professionals. Our Tax team has received this recognition for the eleventh time since ITR established the Baltic category in its European awards in 2010.

The award honors the most innovative and impactful tax and transfer pricing work, reflecting our ability to support our clients in complex projects in the Baltic market.

Indrė Ščeponienė, co-head of our regional Tax team, said: “The tax landscape is becoming more complex, with new rules and greater pressure from authorities. Building trust with our clients is more important than ever. Businesses are stepping up, finding creative solutions, and aren’t afraid to take matters to court when needed—and we’re right there with them. This award reflects the strong partnerships we’ve built and the progress we’re making together.”

Some of the projects our team has worked on in the Baltic market include:

  • Assisted the Nordcurrent Group UAB, an international publisher and developer of casual games, during a tax audit performed by the State Tax Inspectorate
  • Acted as local counsel in Estonia through international law firm Dentons, advising Deutsche Bank in connection with a syndicated loan agreement totaling EUR 600 million to Eesti Energia
  • Advised B.EST, an Estonian entity providing digital identity infrastructure and related services (including mobile-ID), on tax matters related to implementing a mobile identity infrastructure in Kenya
  • Advised Miss Mary of Sweden, a Swedish-based garment manufacturing and retailing brand with a group company in Estonia, on tax issues related to the sale of a business line from Estonia to Sweden and VAT compliance in the UK
  • Provided cross-boarder assistance in strategic tax structuring for multinational crypto ventures in Lithuania
  • Supported a client from the energy field in strategic tax planning for energy ventures and clarifying tax treatment of derivative instruments

This year, the award was received by Gerda Skirbutienė, Counsel from Sorainen Lithuania.

Trusted with the most complex tax issues

The recently released ranking of the ITR World Tax 2025 edition identified Sorainen as a top-performer, showing we have once again achieved Tier 1 ranking across the Baltics. Our Tax team has been recognised among the leaders in Estonia, Latvia, and Lithuania for both Tax and Transfer Pricing.

In addition to the firm rankings, the personal rankings were announced. Ten Sorainen experts were recognised based for their expertise, client service, and contributions to significant cases and transactions:

Estonia – Kaido Künnapas, Verner Silm

Latvia – Kristīne Erele, Nauris Grigals, Janis Taukacs, Dace Everte, Aija Lasmane

Lithuania – Saulė Dagilytė, Indrė Ščeponienė, Gerda Skirbutienė

ITR award – one of the most valued recognitions for tax experts

Euromoney’s ITR tax award is the most prestigious in the tax world. Each year, independent ITR editorial staff and tax law professors, consulting practitioners, and tax executives from companies around Europe evaluate firms and present awards based on criteria such as size, innovation, complexity and impact.