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TGS Baltic

ADMIRAL HOUSE, AHTRI 6A, 10151 TALLINN, ESTONIA
Tel:
Work +372 626 4300
Fax:
Fax +372 626 4306
Email:
Web:
tgsbaltic.com
Riga, Tallinn, Tartu, Vilnius
TGS Baltic, Helmut Pikmets, Tallinn, ESTONIA

Lawyer rankings

Helmut Pikmets

Tel:
Work +372 626 4300
Email:
TGS Baltic

Work Department

Tax, Insolvency, Litigation & Dispute Resolution, White-Collar Crime

Position

Helmut Pikmets has been involved in numerous high-profile tax disputes, many of which have led to landmark decisions in the Supreme Court of Estonia. The most significant ones being a tax dispute related to Sylvester, which was the largest tax dispute in the Baltics concerning the taxation of the transfer of shares, and a case in the Supreme Court dealing with constitutionality of fuel retailers’ tax bonds. Helmut Pikmets has long-time experience in representing clients in criminal proceedings related to tax crimes (most recently in a court case concerning fictitious invoicing in Tartu, including approximately 90 witnesses) and representing taxpayers in the European Court of Human Rights.
Helmut Pikmets has extensive practical experience in day-to-day tax advisory as well as advising corporate acquisitions, restructurings and reorganisations as well as property and investment transactions. He has advised Orlen Estonia, Swedbank, Fortum, Unibet, Nordea Bank, Turkish Airlines, Michelin and Tallink Group.
His M&A experience includes advising Baltcap in connection with selling an IT consultancy provider IT Koolituskeskuse to MicroLink Eesti and assisting its investment arm Energate in acquiring several gas operators. He also advised Port of Tallinn and Ministry of Economic Affairs and Communications in connection with acquiring the shares of the railway operator Eesti Raudtee (Estonian Railways) with a total value of EUR 200 million, drafting a financing structure (including, aspects of taxation of proprietary income) and taxation of management fees paid by Eesti Raudtee.

Career

2017 to date Partner, Attorney-at-Law, Law Firm TGS Baltic (formerly VARUL)
1994–2017 Partner, Law Firm VARUL

Languages

Estonian, Russian, English

Member

International Fiscal Association since 2008
Estonian Bar Association since 1996

Education

1994 University of Tartu, Faculty of Law, MA
1992 Stockholm School of Economics, Commercial Law


Estonia

Tax

Within: Leading individuals

Helmut Pikmets - TGS Baltic

Within: Tax

The tax practice at TGS Baltic is headed by Helmut Pikmets, whose 'quick responses' and 'creative approach to problems' make the practice one of the most notable in Estonia. The firm recently acted for Poweron in disputing the Tax authority's decision to increase the tax bond on Poweron’s fuel sales.

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