Advised on setting up a new investment fund and effectively structuring the company’s investments

The tax team advised one of the leading Lithuanian companies on the establishment of a new investment fund and structuring of real estate investments in the most tax-efficient way.

Among various other tax issues, one of the challenges was to manage the VAT implications of the real estate lease and leaseback transactions.

The contractual arrangements and the structure of the transactions have been structured to comply with the constantly evolving and sometimes ambiguous VAT rules as defined in the evolving CJEU case law.