LOGOS‘ ’reliable, smart and fast thinking‘ team is a leading name in the market for tax disputes, with a strong track record in litigation before the relevant authorities, and at all levels of the Icelandic courts. The group additionally handles a broad range of non-contentious tax matters, including handling due diligence work relating to M&A transactions, as well as advising on financial restructurings and investments. Bjarnfreður Ólafsson is described by clients as ’arguably Iceland’s best tax lawyer’, and is a prominent expert in VAT matters. Ólafsson co-leads the department with Jón Elvar Guðmundsson, a highly active thought leader with significant experience in tax disputes.

Legal 500 Editorial commentary

Testimonials

Collated independently by Legal 500 research team.

  • ‘We mainly work with Bjarnfreður Ólafsson, who is a great lawyer and very easy to deal with.’

  • ‘Very reliable, smart and fast thinking and updated on what's going on. ’

  • ‘Honest. Calm. True to themselves. Smart.’

  • ‘Jón Elvar Guðmundsson has strong fundamental knowledge and integrity, and the ability to clarify complex issues in an understandable fashion.’

  • 'It's a very slick operation from the top down. Hard to fault in terms of how this firm operates, which is altogether extremely reassuring. You get what you pay for!'

  • 'We are lucky to have worked with arguably Iceland's best tax lawyer. Committed, tenacious and brilliant. In our case, Bjarnfreður Ólafsson saw things as they were from the start and the course of action never really wavered.'

Key clients

  • Kvika Bank hf.
  • CCP ehf.
  • Foodco ehf.
  • AEX Gold
  • Adira ehf.
  • Deutsche Bank
  • Elkem Iceland ehf.
  • Rio Tinto Iceland hf.
  • Nordural ehf. (Century Aluminium)
  • Sling ehf.
  • ALMC hf.
  • Sigur Ros (alternative band)
  • 115 Security
  • Summa Asset Management
  • Adomat & Heidenblut M1 ehf.
  • Frigus Family Office

Work highlights

  • Advised shareholders on the sale of Kerecis hf. to Coloplast AS.
  • Acted in the final trial in the Sigur ros court cases resulting in the High Court dismissing the indictment from the courts.

Lawyers

Leading partners
The strongest partners in their field, leading on market-leading deals and endorsed by peers and clients alike.
Bjarnfreður Ólafsson
LOGOS
Jón Elvar Guðmundsson
LOGOS

Practice head

The lawyer(s) leading their teams.

Bjarnfreður Ólafsson, Jón Elvar Guðmundsson