Cobalt’s practice group handles the full spectrum of tax matters for both domestic and multinational companies. The team has extensive experience covering matters involving shares and green bonds, as well as handling high-value tax disputes before the State Revenue Service. VAT, customs duties, and cross-border structuring are also areas in which the team excels. Tax litigator and structuring expert Sandija Novicka leads the team. Sabīne Vuškāne covers tax disputes and compliance issues. Senior associate Elīna Ločmele is noted for her relevant expertise in M&A and restructuring matters.

Legal 500 Editorial commentary

Testimonials

Collated independently by Legal 500 research team.

  • ‘Cobalt was focused and professional.’

  • ‘Practitioners are very professional, experienced, hands on, practical. Pleasure to work with such professionals.’

  • ‘Sandija Novicka was able to prepare documents for submission to the Latvian tax authority which required an understanding of the gaps in Latvian tax legislation, from the perspective of international law.’

  • 'Highly professional and diverse team which provides the opportunity to cover every matter from different angles. They have good understanding of the company's business, legisation in force in Latvia, but also in other Baltic countries if such a necessity should arise.'

  • 'The results are always very qualitative, timely and complete.'

  • 'I am very pleased with the work done by Sandija Novicka.'

  • 'Sandija Novicka is a high-level expert in many areas of tax legislation, commercial legislation and similar questions. Client oriented, deadline oriented, structured, responsible, undertstands our business and will advise on the matter and possible pros and cons. Very much value added.'

Key clients

  • Dinex Latvia
  • BaltCap
  • Civinity
  • BAUER Spezialtiefbau GmbH
  • Eolus
  • Vizii Urban
  • Linstow
  • Lokalise
  • LSC SIA
  • Ergo
  • Roche

Work highlights

  • Successfully represented the client in a dispute with the State Revenue Service regarding the taxation of a transaction concerning agricultural land.
  • Advised Augstsprieguma tīkls AS, the Latvian transmission of energy system operator, on taxation matters related to the issuance of €100m seven-year green bonds.
  • Advised Nutricia on the tax aspects of the Danone intra-group restructuring in Latvia, incorporating Danone SIA into Nutricia SIA.

Lawyers

Leading associates
Rising stars with regular involvement in their team's key work, and recognition from peers or clients as being ones to watch.
Leading partners
The strongest partners in their field, leading on market-leading deals and endorsed by peers and clients alike.
Cobalt
Sandija Novicka is a Partner at COBALT Latvia office and heads the Tax Law practice group. She is an expert in Tax, State Aid, Public Procurement and Insurance matters. Sandija has acted as a lead advisor in a Partnerlarge number of complex taxation matters, in particular advising on tax planning and representing clients in tax litigation. Due to her profound knowledge of broader legal framework Sandija is able to offer the most efficient solutions both in transactional and litigation assignments. Sandija has lectured at the Latvian Judicial Training Center, Latvian School of Public Administration and Riga Graduate School of Law on taxation, EU law and state aid topics and has written extensively on those subjects.

Practice head

The lawyer(s) leading their teams.

Sandija Novicka

Other key lawyers

Sabīne Vuškāne, Elīna Ločmele