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Sorainen is representing consumer lender West Kredit before the Constitutional Court regarding a new corporate income tax surcharge. As of 1 January this year, a new Latvian law has obliged consumer lenders to pay a surcharge of 20% of the previous year’s profits on top of corporate income tax (CIT). The legislator argues that consumer […]
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Sorainen is representing the consumer credit service provider 4finance before the Constitutional Court in a dispute with the legislator regarding the procedure for calculating and paying the new enterprise income tax (EIT) surcharge. As of 1 January this year, the legislator has obliged consumer credit service providers to pay an EIT surcharge of 20% of […]
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We advised the Finnish company Silmäasema Optiikka Oy on acquiring Eagle Vision, an Estonian chain of optical stores. Eagle Vision has been operating for nearly 25 years and owns six stores across Estonia that will continue under the Eagle Vision brand. In 2023, Eagle Vision had a turnover of approximately EUR 2.8 million. Eagle Vision […]
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Our firm is acting for several wind power developers against the Latvian government, which passed a law reserving 10% of state forests for the state-owned Latvenergo to develop wind farms there. The state forests had not been available for any renewables development and the opening of market was viewed favourably by the industry as that […]
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Our expert team provided pro bono services to The Association of Latvian Optometrists and Opticians under our Shared Mission program to draft regulations governing the operations of optometrists’ and opticians’ and their relations with patients. The regulations would address where and how optometrists and opticians provide their services, designate responsibilities and accountability, and remove unnecessary […]
