OREANDA-NEWS. July 24, 2013. SORAINEN Latvia represented the interests of IMETALS, recognised as one of the top scrap metal dealers in Latvia, at the State Revenue Service (SRS).

During the tax audit of IMETALS the SRS came to the conclusion that IMETALS was not entitled to VAT deductions where the SRS had detected the seller's lack of resources to be able to deliver the respective goods.

Actively representing the interests of its client, SORAINEN challenged the allegations of the SRS and proved that IMETALS acted in good faith and thus was entitled to VAT deduction for the purchased goods. The SRS revoked its allegations and decided to return the VAT.

The client was advised by partner Janis Taukacs and associate Alisa Leskovica.