Tax

Cobalt

As well as handling cross-border tax restructuring matters in a range of industries, Cobalt‘s tax team has expertise in advising clients on both direct tax matters such as income tax and indirect tax matters such as VAT. Karli Kütt predominantly assists with indirect taxes, as well as being called upon for tax litigation, for which the wider group is well known. Practice head Egon Talur is experienced in tax structuring, as well as having ’long-term experience and exceptional knowledge in the tax field’ more generally. Tõnu Kolts is also key for tax structuring matters.

Legal 500 Editorial commentary

Testimonials

Collated independently by Legal 500 research team.

‘The team is in my understanding a good mix of seniors and young talent. They are always reliable and stick to the cost estimate given.'
‘I normally work with Tõnu Kolts, who clearly stands out of the crowd. He's very talented and also understands non-tax issues so that the answer is comprehensive enough for the purposes of the client.'
‘They are responsive and helpful.’
‘Cobalt's tax team is highly experienced and capable and delivers analysis and advice at an exceptional speed.’
‘Egon Talur is a standout professional with long-term experience and exceptional knowledge in the tax field. He and his team have the ability to dig deep into issues that are unique. They stand out for their understanding of the topic, understanding of the existing practices, and advice on the risks and the way forward.’

Key clients

Otto Maja OÜ
Bolt Operations OÜ / Bolt Technology OÜ
Dexatel OÜ
Kasperwiki Laevaomanikud OÜ
Salv Technologies OÜ
Mindvalley Inc. / Mindvalley OÜ
CybExer Technologies OÜ
Saint-Gobain Glass Estonia SE
Veriff OÜ
3Commas Technologies OÜ
Electric Beast Global OÜ
OÜ Nordnet
Alexela AS, Alexela AS
Inbank AS

Work highlights

Representing Osaühing Valdor Holding in a landmark dispute on transfer pricing adjustments.
Advised FootonVolt OÜ on tax issues relating to selling its portfolio consisting of 13 solar parks to KC Energy OÜ.
Advised Mirova Energy Transition 5 S.L.P on tax matters related to its contract with Estonian renewable energy developer Evecon OÜ to develop solar plants in Estonia.