WALLESS has developed a prominent tax practice, covering disputes, due diligence, tax structuring, and broad tax advisory services. The firm places a strong focus on sophisticated litigation that involves cross-border work, having recently represented clients in a series of administrative tax law disputes. Another focal point of the practice is corporate transactions and restructurings. The team has recently been involved in several major deals, predominantly in the financial sector. The department is led by Aiste Medeliene, a prominent tax lawyer specialising in tax and customs. She is closely assisted by Mindaugas Lukas, an expert in corporate tax matters, whose experience covers international operations. Another notable practitioner is Ignas Urbonas.
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Key clients
- NEO Group
- Revolut Bank
- Uphold Europe Ltd
- Yukon Advanced Optics Worldwide
- Thermo Fisher Scientific Baltics
- Lords LB Asset Management
- Willgrow Group companies
- Eglės Sanatorija
- Modus Group companies
- Orivas
- UAB ALSO Lietuva
- Veolia Group companies
Work highlights
Representing UAB NEO Group in ongoing tax disputes with the Lithuanian Tax Authorities regarding the application of the Double Tax Treaty.
Advised the shareholders of the client, Biomapas, on the tax structuring and implementation of a multi-step investment transaction with German private equity fund Carbyne, ensuring tax efficiency for both exiting and remaining shareholders while navigating cross-border tax regulations.
Advised the client in the sale of the Baltic IKEA franchise business to Inter IKEA Group, supporting buyer-side tax due diligence and the transaction process in one of the largest cross-border deals in the Baltics, which concluded more than a decade of Icelandic ownership.
Lawyers
Leading partners
The strongest partners in their field, leading on market-leading deals and endorsed by peers and clients alike.
Next Generation Partners
Junior partners with significant recognition from clients and peers in the market and key roles on multiple matters.
Mindaugas Lukas
Leading associates
Leading associates with regular involvement in their team's key work, and recognition from peers or clients as being ones to watch.
Practice head
Aistė Medelienė
Other key lawyers
Mindaugas Lukas; Ignas Urbonas