Tax

Death and taxes may be certainties in life, but so is the top-notch advice granted by our tax department.

Biriş Goran is one of the top tax practices in the country - a unique offering given that few firms are able to offer tax advice at international standards. Thus, when representing our clients, our tax group regularly cooperates on all transactions, and thus we are able to keep everything “under one roof” to ensure standard, business-oriented and cost-effective advice to achieve the client’s goals.

Given the business environment in Romania, having qualified tax advice is particularly important to a successful investment. And we can advise on all aspects of it. Our tax practice managed by experts Gabriel Biriș and Ruxandra Jianu, is geared to assisting our clients in the planning and structuring of tax efficient multi-jurisdictional, cross border transactions, as well as optimally resolving tax-related controversies. Our attorneys and tax consultants have extensive experience in matters involving, among other things, tax treaties, inter-company pricing, in-bound and out-bound investments and transfer of property, branch interest /profit tax and permanent establishments.

We also provide sophisticated tax planning to high net worth individuals. Our practice also includes assisting our clients during tax inspections and providing comprehensive assistance in solving any tax disputes with the authorities at all levels.

The tax practice has been ranked top in the country by Chambers Europe for the last eight years.

Recent major transactions include:

Assisted Dacris, a leading stationary and office supply provider, in the acquisition of Echo Plus, Romanian office supply provider specialized in telesales. This is one of the most important transactions on the office supplies market in 2016;

Assisting Farmec, the largest cosmetics manufacturer in Romania, in a complex tax litigation case triggered by a tax decision issued by the tax authorities. Recently, our team obtained the annulment of a taxation decision of approximately EUR 13 million;

Tax advisors to Hidroelectrica SA, the main hydro energy producer and trader in Romania, with regards to a complex tax litigation;

Assisting Nestlé Romania, a subsidiary of Nestlé, a global nutrition, health and wellness company, involving a complex tax and IP dispute;

Assisting Romaqua Group, leading Romanian mineral water producer, in a complex dispute against a decision issued by the Romanian tax authorities;

Assisting Wirom, one of the leading Romanian players in the Romanian natural gas distribution field, in all aspects of fiscal legislation, from profit tax to VAT and excise duties;

Assistance offered to Reinert, German cold meat producer, for their factory in Romania, during a tax inspection and further contestation of the decision issued by the tax authorities for VAT reimbursement;

Fiscal assistance and consultancy to Electrica Muntenia Nord, the main electricity distribution company in Romania, during an extensive tax inspection as well as in the stages subsequent to its completion;

Assisting Tinmar, a major Romanian energy and natural resources concern, in connection with all the tax aspects derived from their day to day business activities, including advisory in relation to business restructuring and assistance with transfer pricing;

Assistance offered to two major Spanish groups active in the renewable energy sector in VAT reimbursements requested during 2015 and 2016. All inspections have ended with no tax findings from the tax authorities’ side and the entire amount requested for reimbursement was allowed;

Assistance to one of the largest groups of Romanian pharma companies in a complex case involving a reconsideration by the tax authorities of the activities performed by certain pharmacists as dependent activities;

Biriș Goran also serves as long standing tax advisor for leading companies as RedBull, Oriflame, Kika, Cris-Tim, Lease Plan and Impuls Leasing, assisting them with regards to all tax matters related to their day-to-day business activities.