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 […]
We represented “YIT LATVIJA” (“YIT”), part of the YIT Group – a major construction company in Northern Europe and the largest in Finland – in a dispute over the legality of a construction permit issued to YIT. Essence of the dispute In this matter, more than 40 applicants challenged a construction permit issued to YIT […]
We represented Tallinna Linnatranspordi Aktsiaselts (TLT), a company fully owned by the City of Tallinn, in a procurement to purchase compressed gas for TLT’s natural gas-powered buses. The buses are due to arrive late in the summer of 2020 and the supply of gas will last for the next 10 years. The procurement also included […]
Force maejure: Can construction contracts be suspended because of pandemic? Read more (in Latvian) here.
Downtime caused by the COVID-19 pandemic in Europe poses a tax risk to Estonian construction companies operating abroad, as their business income may be taxed in that foreign country instead of Estonia, warns our senior associate Kaido Künnapas. Read more in Estonian.
