Legal tax advice to Deutsche Bank AG

Legal tax advice to Deutsche Bank AG on tax aspects related to payables finance product (also commonly known as supply chain finance, approved payables finance, confirmed payables finance or reverse factoring) and purchase of receivables at discount. Our advice covered VAT, corporate income tax and withholding tax related to the mentioned products.

Legal assistance to the client was provided by COBALT Partners Sandija Novicka and Ģirts Lejiņš and Specialist Counsel Andrejs Lielkalns.