Loreta Antanaitienė

Loreta Antanaitienė

Tax Consultant
Vilnius, Lithuania

One of the most influential and prominent international legal directory Chambers and Partners, publishing annual independent rankings of law firms, recommend Loreta as an excellent professional in the field of tax law

  • About

    Loreta Antanaitienė is a Tax Consultant at TGS Baltic, associate advocate, an expert in tax investigations and disputes, having over 19 of experience. Before joining the law firm, Loreta worked at the Vilnius County State Tax Inspectorate for about 14 years, where she held management positions. Loreta provides consultations to clients and represents their interests in disputes relating to civil and tax law.

    Loreta has provided legal advice on tax issues to various clients such as the European Investment Bank, VIASAT, Swedbank, BBC, AB Bankas Snoras, UAB Impuls, AD Baltic group.

  • Major Projects
    • Represented AB Klaipedos nafta in a dispute with a third-party service provider

      Represented AB Klaipedos nafta, the manager of a modern oil terminal and EUR 700 million LNG terminal development project, in a dispute with a third-party service provider regarding cross-border VAT issues.

    • Advised Kimberly Clark on tax issues in Lithuania, Latvia and Estonia

      Advised Kimberly Clark, a global personal care products producer, on tax issues in Lithuania, Latvia, and Estonia in expanding the company’s activities in the Baltic States.

    • Advised the European Investment Bank

      Advised the European Investment Bank on new VAT regulation applied to the Lithuania building sector.

    • Advised an international financial leasing company

      Advised an international financial leasing company on tax aspects in leasing equipment necessary for air transport business.

    • Provided tax consultations to a Scandinavian bank operating in Lithuania

      Provided tax consultations to a Scandinavian bank operating in Lithuania in acquiring other bank’s retail banking business (personal accounts, loans, payment cards and securities).

    • Advised a company belonging to the group of international cable and digital television operators

      Advised a company belonging to the group of international cable and digital television operators on the group structure when introducing a new type of business in Lithuania.

    • Provided tax consultations to a bankrupt bank

      Provided tax consultations to a bankrupt bank on transferring its loans and other assets.

    • Advised a Lithuanian group of food production companies

      Advised a Lithuanian group of food production companies on tax aspects in transforming the group structure.

    • Provided tax consultations to of one of Japan’s biggest banks

      Provided tax consultations in relation to the incorporation of a permanent establishment of one of Japan’s biggest banks.

  • CV

    Professional career

    Since 2017
    Tax Consultant, associate advocate, law firm TGS Baltic
    2011 – 2017
    Tax Consultant, law firm Tark Grunte Sutkienė
    2006 – 2011
    Head, Control Organization Division at the Vilnius County State Tax Inspectorate
    2002 – 2006
    Deputy Head, Infringement Assessment Division at the Vilnius County State Tax Inspectorate
    1999 – 2002
    Head of the Audit Lawyers Group at the Vilnius County State Tax Inspectorate
    1997 – 1999
    Associate at the Vilnius County State Tax Inspectorate, Audit Division

    Education

    1995
    Vilnius University, Faculty of Law, Master of Law
  • Publications
    • Court has allowed a resident to deduct interest - Verslo žinios, July 2018
    • Ministry of Finance has withdrawn a proposal for restriction of a share incentive - Verslo žinios, October 2017
    • Window for arrangements with the State Tax Inspectorate has been shut down - Verslo žinios, August 2017
    • Surprise: Incentive for shares paid up by assets is excluded - Verslo žinios, September 2017
    • Increase in land value will increase land taxes - Lietuvos rytas, February 2017
    • State Tax Inspectorate asks to justify revenues but not expenses - Verslo žinios, August 2015
    • State Tax Inspectorate has allowed using a zero VAT rate more often - Verslo žinios, July 2014
    • Non-accepted goods are subject to a 21% VAT rate - Verslo žinios, August 2013
    • Either a bigger bonus to a pension fund of a smaller one to the bank account - Verslo zinios, 2019