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Transfer pricing in case law: use of comparison data to determine transfer price
Transfer pricing Transfer pricing in case law: use of comparison data to determine transfer price
The Danish tax authority increased the taxable income of Tetra Pak Processing Systems A/S due to shortcomings in transfer pricing documentation and continuous losses. The Danish Supreme Court reached the conclusion that the transfer pricing documentation filed by the company did not meet the requirements as the documentation lacked a competent comparability analysis.
4 min read | 19 Aug 2021
Deadline for workplace risk assessments is approaching
Legal Deadline for workplace risk assessments is approaching
Under the Occupational Health and Safety Act, employers must compile a risk assessment of the working environment. It is mandatory for employers who have at least one employee (security institutions excluded).
Kristel Tiits
Kristel Tiits
| 2 min read | 18 Aug 2021
Grant Thornton Baltic saade Kasvukursil Äripäeva raadios
Sustainability Tips for maximizing the longevity of a family business
Something that family businesses should consider besides earning a profit is maintaining mutual relations between family members and devoting attention early on to questions of succession if the business is to stay in the family.
4 min read | 09 Jul 2021
Inclusively leading through change
Leadership Inclusively leading through change
In the post-pandemic landscape, a new model of leadership will be needed to enable organisations to thrive. Engendering innovation, collaborating and communicating across the business, and adapting to change have become operational necessities, while empathy and inclusion are the keys to team performance.
3 min read | 04 Jul 2021
3 suggestions on how to return to normal working life
Human resource mnagement 3 suggestions on how to return to normal working life
It has been a year and a few months since the coronavirus turned a new page in world history and exploded all comfort zones. Since that time, Estonia has beaten back two waves of the virus, and like last spring, we are now facing a calmer period. But this brings up new questions – how to return little by little to ordinary working life and juggle the needs of companies and employees while taking into account the way work will be organized in future.
Marge Litvinova
Marge Litvinova
| 7 min read | 10 Jun 2021
Grant Thornton Baltic saade Kasvukursil Äripäeva raadios
Tax European tax reform brings savings to companies
Companies that sell physical goods to European countries all too often have to grapple with the destination country’s complicated VAT system, but in summer 2021, the situation will become simpler and the administrative expenses related to declaration of taxes will decrease.
Kristjan Järve
Kristjan Järve
| 4 min read | 09 Jun 2021
Attention, packaging undertakings!
Assurance Attention, packaging undertakings!
The Ministry of Environment recently weighed in on packaging audit requirements. This topic pertains in particular to packaging undertakings who have already filed a packaging report for 2020 with the packaging register.
2 min read | 28 May 2021
Key changes in tax legislation in the Nordic Baltic region in 2021
Tax Key changes in tax legislation in the Nordic Baltic region in 2021
In the beginning of the year, several tax changes were introduced in Nordic-Baltic region. In addition we shall highlight tax rates applicable in the Nordic-Baltic region as of 2021.
1 min read | 21 May 2021
Transfer pricing: OECD supplements guidance on financial transactions
Tax Transfer pricing: OECD supplements guidance on financial transactions
The OECD (Organisation for Economic Co-operation and Development) regularly updates its 2017 transfer pricing guidance. It is worth keeping up to date with the OECD guidelines because transfer pricing regulations in Estonia and many other countries rely on the OECD’s guidelines.
8 min read | 10 May 2021
New guide provides tips for conducting a public procurement to contract for audit services
Audit New guide provides tips for conducting a public procurement to contract for audit services
A new guide has been produced by the Auditors’ Association and the Ministry of Finance for public sector entities conducting procurements for audit services. The manual can also be useful for private sector companies.
1 min read | 07 May 2021
Error-strewn data in the Commercial Register
Audit Error-strewn data in the Commercial Register
Analysis of the correctness of data in the Commercial Register uncovered an astonishing fact: the Commercial Register data on auditors of companies contained many mistakes.
1 min read | 06 May 2021
Tarmo Rahkama Grant Thornton Baltic
Packaging audit Streamlining accounting and auditing of packaging reports
The accounting and preparation of packaging reports has become better over the years and the awareness of the importance of accounting more but there are still shortcomings in packaging reporting.
Tarmo Rahkama
Tarmo Rahkama
| 8 min read | 06 May 2021
Anastasia Borovaja: “Working to make sure both the team and customers are satisfied!”
Persona story Anastasia Borovaja: “Working to make sure both the team and customers are satisfied!”
Grant Thornton partner and head of outsourcing Anastasia Borovaja has been working for more than 10 years to ensure that her day-to-day work offers an unforgettable customer experience and high-quality service while the company is also seen as an attractive employer.
13 min read | 03 May 2021
Key business questions facing technology companies in 2021
Technology sector Key business questions facing technology companies in 2021
The sudden surge in remote working, online shopping, digital health and virtual learning boosted demand for business technology and communications solutions. At first glance, the future of technology companies may seem cloudless, but in fact, many of them predict that customer orders will decrease in the future. Find out, what challenges the technology sector is facing in the near future:
Less than a minute | 28 Apr 2021
Grant Thornton Baltic saade Kasvukursil Äripäeva raadios
Intelligent automation Easy tips for turning data into a goldmine
Store data correctly and securely, and more importantly, use the data the same way, and you might well find that the benefits easily exceed any direct monetary gains. An expert explains how to make maximum use of data for turning a profit.
4 min read | 15 Apr 2021
What possibilities do employers have to stay afloat in a crisis?
Labor law What possibilities do employers have to stay afloat in a crisis?
The coronavirus restrictions have put many employers in a very difficult situation. When turnover is down, it’s time to analyse what would lead the company through the difficult times – applying for a new salary compensation from the government, temporary pay cuts, leave or layoffs.
Kristel Tiits
Kristel Tiits
| 4 min read | 09 Apr 2021
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