Newsroom

Our News, Events, Deals and Publications

List view
Grid view
2023 - 09 - 07
On 4 August 2023, the Administrative District Court ruled in favour of the German company BAUER Spezialtiefbau GmbH in case No A420291922 ordering the State Revenue Service of Latvia to refund the value added tax along with late payment interest..
2023 - 08 - 09
BaltCap Private Equity Fund III and the investment company Draugiem Capital have signed an agreement to acquire a majority stake in Latvia-based multi-sector production company Pepi Rer SIA to boost the global expansion of the business. Pepi Rer is renowned..
2023 - 01 - 04
COBALT successfully represented the client in a dispute with the State Revenue Service regarding the taxation of the transaction with agricultural land. In the dispute, the Supreme Court recognized that in the case of the sale of real estate consisting..
2021 - 03 - 12
COBALT advised AS Green Marine on obtaining an operating license for an excise warehouse. Green Marine Ltd. (GM) is an affiliate company of the Port of Tallinn whose mission is to protect marine ecology and the environment by offering a..
2021 - 02 - 03
On 27 January 2021, the Administrative Department of the Supreme Court Senate rejected the appeal of the State Revenue Service, upholding the decision by the District Administrative Court, which revoked the 29 December 2016 decision of the State Revenue Service..
2019 - 08 - 12
COBALT successfully represented UAB Skonis ir kvapas before the European Court of Justice (CJEU) in the case against the State Tax Inspectorate (STI) regarding the classification of cigarillos in the category of cigarettes and the resulting increase of excise duty...
2019 - 04 - 15
COBALT advised Printify SIA regarding implementation of Equity Incentive Plan in Latvia. Advice included analysis of the international Equity Incentive Plan from the perspective of Latvian tax laws and adjustment of the Equity Incentive Plan to benefit from the tax..
2018 - 12 - 12
COBALT successfully represented Gjensidige ADB Latvian branch in the dispute with the State Revenue Service regarding the use and scope of the tax guarantee issued by Gjensidige ADB Latvian branch to cover VAT, excise tax and customs tax debt. To..