World Tax Reviews

Alder & Sound

Alder & Sound is a tax and transfer pricing boutique firm. It offers legal, transfer pricing, tax and financial advisory services to a variety of clients including multinationals, SME's and small companies. It operates with a network of trusted foreign firms to offer an extensive range of expertise. Suvi Vänskä and Petteri Rapo are its majority partners. 

The firm recently assisted one of the largest regional leaders in the real estate industry by providing comprehensive advice. It helped the client develop an intra-group service fee model for the client and enhanced its previous and current intra-group financing structure. It has also continued to help successful and growing start-ups and SMEs. 

The firm has recruited two senior associates and two associates, one specialising in transfer pricing services. 

Client feedback 

Alder & Sound speaks the client's language. Their advice and comments are easy to understand without a tax specific knowledge. The consultants are knowledgeable and experienced. They are easily approachable and create a relaxed atmosphere. They have the courage to express their own opinions even if the topic is not their strongest expertise. Tasks are handled on the desired schedule or even quicker.” 

We are very happy with the work Alder & Sound did. They grasped the overall business model well, and were able to plan a transformation of the entire business from one single business entity into a group of companies, in a way that was easy to argue to the tax authorities and that provided additional protection for the vital business IP, while at the same time introducing significant tax advantages.” 

Everything works, very professional experts – service is always fast if something urgent is needed and customer orientated. Some cases which have not been critical regarding tax balances review have been pending quite long – but also in our side and it is always discussed in advance, that this may wait. Still, I feel it was pending for little bit too long – can´t help it.” 

Very good, fast and clear advice.


Joining the market in early 2019, Avance has quickly become an established player. The firm provides transactional services, general corporate tax advisory and has a tax resolution team. 

The firm has recently held significant structuring mandates in key Finnish M&A and real estate transactions. It also provided advice in complex tax disputes. 

In May 2019, associate Janina Järvi joined the team from Eversheds Sutherland. 

Client feedback 

They are fully professional and dedicated to help their customers, bit expensive though.” 

Excellent knowledge of all tax aspects. Innovative solutions.” 

Avance team, especially Sebastian Kellas, did amazing work in our case. Analytical, yet business minded, approach combined with extensive understanding and willingness to really take care of the issue was outstanding. As the team understood the importance of the matter, they cut through the complexity of the case and made sure that the case was presented and litigated so that the opponent stood no chance. It was really great to see the level of detail but at the same time the understanding of the big picture (and what is relevant) in the work of Avance tax team. If there is an issue with taxman - go to Kellas!

Bird & Bird

Bird & Bird Finland has a tax team capable of providing an array of business tax advice, but focused on international taxation and M&A taxation. The firm’s team is led by partner Sami Tuominen, a member of Finnish Venture Capital Association and the International Fiscal Association for Finland, who advises on international and domestic taxation for corporates and individuals. 

Recently, the firm provided tax advice to a numerous multinational and has assisted several clients in the real estate sector M&A transactions. 

Client feedback 

Professional, listening, questioning and transparent in planning.” 

Very professional and outstanding connections between UK and Finland


Borenius's tax department is the Finish member of the Taxand network. The department covers work across all tax areas, including indirect tax, M&A, private client and transfer pricing. The department is currently acting as one of the leaders in both tax and transfer pricing dispute matters. It is led by Janne Juusela, who specialises in M&A tax, restructurings, international tax, and tax litigation. He is supported by partners Einari Karhu and Heikki Wahlroos, as well as a team of associates. 

The firm have advised Nokian Tyres in a landmark case, where the ruling from the Administrative Court in 2018 in which all transfer pricing adjustments against the company were dismissed – the ruling has now been confirmed by the Supreme Administrative Court. In addition, the team have successfully represented three of the world’s largest asset management companies.

Castrén & Snellman

Castrén & Snellman Attorneys is a full-service law firm with an office in Finland and two offices in Russia. In Finland, it is involved in the leading M&A cases and covers indirect taxes and tax disputes. The team is led by partner Sari Laaksonen, who is a well-known tax expert in the Finnish tax litigation market. 

The firm recently advised three selling major Nordic banks, Danske, OP and Nordea in a transaction where they sold their shares in a Finnish bank ATM service provider to Loomi. Additionally, the firm assisted Vapo group in the reorganisation of Vapo’s energy division. Under the new corporate structure, Vapo will streamline its renewable energy business and strengthen its position as a supplier of highly developed infrastructure solutions to industry and municipalities.


Deloitte is able to offer advice on a wide array of tax topics, including corporate tax, M&A taxation, indirect taxes and transfer pricing. The team is led by managing partner Lari Hintsanen, who is specialised in both tax and transfer pricing. The head of the indirect tax team is partner Johanna Oksa and the corporate tax service is headed by director Salla Holma. 

The firm continues to serve large industrial companies with Finnish headquartered, big financial institutions, private equity, and other private sector companies. Recently the firm have advised on the country’s largest and most complex transactions; helped large financial institutions manage their tax investments efficiently and guided foreign owned companies when investing or running their business in Finland. They also offer a wide range of transfer pricing services. 

In 2019, Deloitte recruited senior manager Antti Kiuru and director Vesa Karvonen.

Dittmar & Indrenius

Dittmar & Indrenius focuses on transactional tax advice, tax litigation and sophisticated tax advisory work. The tax team currently consists of six practitioners and is led by Partner Kai Holkeri. 

The tax and structuring team have been working on several key deals including acquisition of majority stake in DNA by Telenor, public tender offer for Hoivatilat by Aedifica, acquisition of a majority stake in PHM Group by Norvestor and investment in largest subsidy-free wind farm in the Nordics by IKEA.

Hannes Snellman

Hannes Snellman focuses its practice in supplying high-end dispute support and M&A transaction advice to its clients. The firm also has strong capabilities within indirect taxation, private client taxation and investment structures. It is led by partner Heikki Vesikansa who has almost 20 years’ experience especially in corporate and transactional taxation. 

Recently the transactions team have advised many major high-profile Finnish M&A transactions including a €3.9 billion combination of Outotec and Metso Minerals, and the sale of YIT’s Nordic paving and mineral aggregates businesses to PEAB for 280 million euros. 

Client feedback 

Proactive approach as a strength as well as broad knowledge - people from different expertise areas supported our project.


Partners Antti Lehtimaja and Marko Vuori lead the team at Finnish law firm Krogerus. It is associated primarily with major private equity and real estate transactions, but also provides assistance on a range of M&A mandates, in addition to offering deep expertise on the tax issues associated with fund formation.  

One matter of note in the research period, the team represented Lundin Energy on its acquisition of the Metsälamminkangas wind farm from OX2. 

During the research period, the team welcomed Samu Lassila from EY. Senior associate Sanna Lindqvist left the team for the Finnish Tax Administration.


Roschier is a leading transactions-orientated law firm in Finland. The tax team is brought in to advise on all aspects of a transactions, including structuring, indirect taxes and transfer pricing. It is also known for its involvement in tax disputes and audits. It is led by Mika Ohtonen, who is focused on tax structuring concerning cross border transactions. The team is made up of a further 12 fee earners, including partner Ossi Haapaniemi. 

Recently the firm was the lead legal advisor to the Tieto Corporation in its statutory cross-border merger with EVRY, the first ever cross-border merger between a Finnish and foreign listed company. In addition, the team advised VMP in the merger of two of Finland’s leading personnel services companies, VMP and Smile Henkilöstöpalvelut.

Waselius & Wist

Waselius & Wist focuses the tax practice on high-end tax work, looking at transactions as well as business structuring, taxation of financial instruments and tax litigation. The firm’s tax department is led by managing partner Niklas Thibblin, who specialises in tax structuring and is supported by Jouni Weckström. 

The firm has recently assisted several international financial institutions with tax issues in relation to the issuance of equity, debt and hybrid securities and other derivative instruments including, advising Santander in an €799m STS labelled securitisation of auto loans.