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Loreta Antanaitienė

Tax Consultant

Vilnius, Lithuania

+370 5 251 4444; 251 4445

loreta.antanaitiene@tgsbaltic.com

Lithuanian, Russian

WORK EXPERIENCE

Provided cross-border services of tax due diligence to shareholders of the leading 59 restaurant chain in the Baltic States, Cili Holdings, on a sale of business (2013);

Provided tax advisory services in relation to permanent establishment to one of Japan’s biggest banks (2013);

Counselled one of the largest global healthy food and confectionary manufacturers regarding evidence proving the existence of permanent establishment in Lithuania, as well as on tax issues related to business development through already operating trade departments (2013);

Represented Klaipedos nafta, the manager of modern oil terminal and EUR 700 million LNG terminal development project, in a dispute with a third party service provider regarding cross-border VAT issues (2011–2013);

Advised a global personal care products producer Kimberly Clark on tax issues in Lithuania, Latvia and Estonia in the Kimberly-Clark’s activity expansion in the Baltic States (2012);

During a taxation dispute drafted statements of claim and responses in the case against the State Tax Inspectorate regarding transfer pricing, the amount of the dispute was LTL 3.6 million (2012);

Won two tax cases in connection with land sale taxation with the VAT, the amount of the dispute was LTL 4 million (2012);

Represented a client when the STI started its taxation inspection, the preliminary amount of taxes and sanction is LTL 14.9 million (2012);

Prepared a request for the tax administrator to make a binding ruling about application of tax laws when one sells insurance business, requests about the contradiction of laws while assessing the value of inherited property, about contradiction of laws in regulating the personal income tax when shares are transferred in case of reorganisation of companies, proposals for the tax administrator to agree on taxation amounts (2012);

Drafted memoranda regarding the optimal structure of a foreign entity in Lithuania from the taxation point of view, regarding the risk of recognition of a permanent establishment, regarding business organisation risks, taxation implications of terminating financial lease agreements, regarding features of labour relations in agreements on individual activity (2012);

Gave private training to clients of the firm on the subject “The latest tendencies of the STI control in 2012 – what you need to know and how you should react”, “Individual activity or employment contract: let’s assess taxation risks” (2012), in cooperation with the American Chamber of Commerce led training to clients “Changes of the Law on Personal Income Tax Effective from 2014” (2013).

publications

  • Susitarimų su VMI langelis priveriamas (A gap for arrangements with the Tax Authority has narrowed down) // Verslo žinios, August 2017 
  • Staigmena: turtu apmokėtos akcijos lieka be lengvatos (Surprise: Shares paid up in kind are left without advantages) // Verslo žinios, September 2017 

PROFESSIONAL CAREER

  • Since 2017 Tax Consultant at TGS Baltic (former TARK GRUNTE SUTKIENE)
  • Since 2011 Tax Consultant at TARK GRUNTE SUTKIENE
  • 2006–2011 Head of the Control Organization Division at the Vilnius County State Tax Inspectorate
  • 2002–2006 Deputy Head of the Infringement Assessment Division at the Vilnius County State Tax Inspectorate
  • 1999–2002 Head of the Audit Lawyers Group at the Vilnius County State Tax Inspectorate
  • 1997–1999 lawyer at the Vilnius County State Tax Inspectorate, Audit Division

EDUCATION

  • 1995 Vilnius University, Faculty of Law (Master of Law)