OREANDA-NEWS. The International Tax Review Transfer Pricing Week (TP Week) has released the World Transfer Pricing 2015 guide where SORAINEN has been ranked as a 1st tier adviser in transfer pricing in the Baltics.

According to World Transfer Pricing 2015 "SORAINEN's transfer pricing practice has seen strong growth this year, and has advised firms across a variety of sectors including food and catering, wholesale of goods, financial services, insurance and energy". It also presents SORAINEN as a firm that "offers a full scope of transfer pricing services and is a member of Transfer Pricing Associates Global, a network with members in over 30 countries".

Among the most important SORAINEN deals the Caparol Baltica transaction experience is pointed out. SORAINEN assisted Caparol Baltica in preparing transfer pricing documentation to defend its position from both the Latvian and Estonian tax authorities. The guide emphasises that "the complexity of the deal lay in substantiation of inter-company pricing for the client's operations from the perspectives of the provider and the receiver of the same service".

Senior associate Indre Sceponiene and two former Big 4 employees joining the SORAINEN transfer pricing team is considered an important step towards strengthening the SORAINEN transfer pricing practice.

World Transfer Pricing is the International Tax Review TP Week's directory of the world's leading transfer pricing firms. The International Tax Review, part of the Euromoney Legal Media Group, is the most trusted publication and online resource for corporate tax directors, policymakers and practitioners. For more than 20 years it has been providing comprehensive international news, opinions, guides to innovative deals, surveys, international updates and interviews with leading tax directors and officials from around the world.