Taking into account global trends, initiatives of the Organization for Economic Cooperation and Development, EU directives and the practice of the Lithuanian Tax Authorities, it is of utmost importance to properly implement the structure of the group in order to avoid tax risks.
These questions can help to assess the tax risks of your group structure:
In case of reorganisation of a group of companies, acquisition and sale of a new company, property or business, ask:
We can help you identify and evaluate different structuring scenarios and offer the appropriate solution, taking into account both tax and legal and business aspects.
In the light of constantly changing international tax laws, companies are facing pressure to develop an effective tax strategy in line with the regulatory landscape. To remain successful, companies must seek efficient solutions.
Companies often have tax issues that are not clearly regulated either in tax laws or discussed in tax commentaries. The Tax Authority often suggests to submit a written request for a ruling if the questions are more complex. If you have such type of situation, it is very important to:
We regularly interact with the State Tax Inspectorate, the Ministry of Finance and the Tax Dispute Commission, therefore, we are well aware of the changes in tax practice and we can prepare well-grounded requests for the rulings.
We are members of the Investors' Forum, actively provide comments to the draft laws and their official commentaries, make significant influence to the tax practice in Lithuania and we are well acquainted with the goals of various tax changes.
The world becomes more global, companies more often carry out activities in several countries, so it is very important to assess whether such activities do not create tax obligations in other countries.
A foreign entity that has started business in Lithuania, or a Lithuanian company that has started business abroad, has to assess the tax consequences related to such activities in both jurisdictions.
If at least one of the answer is affirmative, we recommend a more detailed assessment of tax risks arising in another country.
We can help to assess the permanent establishment risks in Lithuania, to analyze the consequences of personal taxation and to recommend an appropriate structure of the activity.
J.Jasinskio g. 16B, PwC Lithuania
Tel: +370 (5) 239 2300