The current crisis presents opportunities in the field of taxation and transfer pricing. Companies need to decide how to manage their intra-group transaction and transfer pricing systems, to reduce their current tax burden by changing intercompany prices. Where we stand The pandemic forms a clear and present danger for the global economy. Business supply chains […]
The work stoppage due to the raging pandemic in Europe has created tax risks for Baltic construction companies active abroad because their commercial revenue might be taxed there instead of their home country. Why is it important that activity on a construction site lasts less or more than 6 months? Many Baltic contractors operate on […]
Publication / Marina Golovnitskaya, Kirill Laptev, Maria Rodich
Sorainen Belarus experts Marina Golovnitskaya, Kirill Laptev and Maria Rodich contributed to the Belarusian chapter of the Drug & Medical Device Litigation 2020 guide published by the International Comparative Legal Guide. International Comparative Legal Guide to Drug & Medical Device Litigation covers regulatory frameworks, manufacturing, transactions, advertising, promotion and sales, data privacy, clinical trials and […]
On 3 May 2020 the Lithuanian Ministry of Economy and Innovation approved a state aid scheme for partial rent compensation for businesses most affected by COVID-19. This aid scheme entered into force on 4 May 2020; to take advantage of it, tenants must apply to INVEGA. Who qualifies for compensation Tenants wishing to claim partial […]
Publication
Sorainen has launched a special pro bono program dedicated to supporting projects in the Baltics and Belarus set up to help solve pandemic-related issues. According to the firm, “by doing this [Sorainen] will effectively distribute EUR 100,000 worth of legal and tax support” through pro bono services. Full article can be found here.