Tax risk management remains one of the most complex challenges for investors worldwide, and the professionals of the law firm “MP” advise clients on how best to address and mitigate these risks and improve their tax positions. Our tax specialists have relevant experience in resolving legal nuances that are often encountered in complex transactions with significant tax implications. We represent clients in administrative and judicial proceedings related to tax disputes and unjustified administrative penalties of the State Revenue Service, tax assessments. We assist clients in matters related to the necessary registrations and submission of documents to the SRS, including the preparation of declarations and other formalities.

The assistance of the law firm “MP” includes:

• representation in tax matters in dispute resolution both at the State Revenue Service and in court
• tax risk assessment for specific transactions
• tax risk analysis in cases of mergers and acquisitions, as well as in cases of reorganization and transformation
• tax risk analysis for property transactions, including investments in properties in the Republic of Latvia
• tax risk analysis in the use of financial and banking products, such as SWAP and futures transactions (including when providing financing for projects and in cases of public offerings)
• proposals for international clients, structuring their transactions in the Republic of Latvia and Europe
• analysis of tax risks arising from employment relationships and employer obligations