Sorainen updated and supplemented transfer pricing documentation for Bridgestone Baltics, a Baltic company in the global Bridgestone Group, regarding transactions undertaken in the Baltics in 2014 and 2015. Compliance with the arm’s length principle for purchase of tyres, management and support services received and provided plus reception of commission services by Bridgestone Baltics documented in transfer pricing documentation.
The Bridgestone Group is the world’s largest tyre and rubber manufacturing and distribution company. Bridgestone products are sold in more than 150 countries around the world.
The client was advised by partner Jânis Taukaès, associate Kaspars Strazds and legal assistant Elza Vulfa.