Advised on tax matters related to business restructuring

Our tax experts advised one of the leading investment companies in Lithuania on tax issues related to the restructuring of a group of companies, the transfer of liabilities, their capitalization and the allocation of profits in the chain of ownership.

The client had acquired several competing companies (with their subsidiaries) over the years, acquired financing from various sources and inadvertently created a web of liabilities and ownership running both ways and in circles between related entities.

We have been able to find solutions to untangle this web with minimal tax damage.