Mag. Andreas Valsky, LL.M.

Mag. Andreas Valsky has worked as a self-employed tax consultant for more than ten years together with his team. After graduating with a degree in Business Administration from the WU Wien (Vienna University of Economics and Business Administration), he worked at KPMG Plantreuhand and completed his postgraduate studies in International Tax Law (LL.M.) at the WU Wien. In 1997 he founded the CTS Tax Consulting Office in Stockerau and in 2001 expanded his business to Vienna where he caters to clients from around the world. We consider ourselves as full-service consultants. Your success is our common goal. We provide the services you need to achieve sustained success. These services range from consultation during the formative stage to legal advice on employment and social security matters, payroll and accounting as well as preparation of annual financial statements and tax returns. CTS services also include expert advice on reorganization, support in company tax audits and representation in tax litigations. To get a better idea about us, please contact Mag. Andreas Valsky for a free initial consultation.

Firm Overview:

CTS consults businesses of all sizes and sectors. We focus on international clients advising them on tax and trust-related matters.

Our team is made up of highly specialized consultants who have a clear customer focus and offer excellent quality of support. We offer a wide range of services in the areas of tax and business consulting, accounting and payroll and can provide professional advice through years of experience.

We are a full-service provider, all our consulting services come from a single source.

Our expertise:

  • Business consultancy
  • Trust services
  • Annual tax accounting
  • Accounting

Dr. Alexandros Karakitis

Alexandros Karakitis is our exclusively recommended Tax Services expert in Greece on the Advisory Excellence website. If you need assistance in this area, please contact Alexandros directly using the contact details above.

Alexandros is the lawyer in charge of the firm. He has more than 20 years of experience in tax and business law matters. In particular, he has vast experience in transfer pricing, including transfer pricing policy design, documentation, preventive dispute elimination mechanisms, i.e. APA (Advance Pricing Arrangements) and alternative dispute resolution mechanisms, i.e. MAP (Mutual Agreement Procedure), in permanent establishment taxation, in business acquisition structuring and due diligence, in tax controversy support and in tax litigation. Since the establishment of the firm in 2018, he has successfully completed tax litigation projects, relating to transfer pricing, out-of-books reassessment and taxation of business profits and to withholding taxes, and advised companies regarding the expansion of their activities outside Greece and foreign investors regarding the optimal implementation of their investments in Greece. His services have also included corporate law and immigration law advice and coordination of the procedure for the acquisition of permanent residency and of the residence permit procedures for executives.

Firm Overview:

We help clients anticipate the relevant issues and respond appropriately, aiming to be recognised as their trusted advisor and advocate.

In the last few years and following a radical tax reform, many rules in Greece have changed to better reflect international patterns, whilst tax and criminal tax litigation increased exponentially. Our services reflect the new reality and include, apart from tax advisory and litigation, alternative tax dispute resolution support (i.e. initiating of a competent authority procedure for the elimination of double taxation), criminal tax proceedings and remedy proceedings against the enforced collection of tax assessments. At the same time we monitor the international developments so that we anticipate what’s next in risks and opportunities for our clients.

We have extensive experience in advising clients in relation to business reorganisations and supply chain restructurings, domestic and cross-border M&As (corporate reorganisations, acquisition and financing structuring as well as tax and legal due diligence), transfer pricing compliance reviews and controversy management.

We have dealt in several occasions with legal and tax issues pertaining to prominent market participants of the oil & gas, pharma, consumer products and real estate sectors.

Cephas Birungyi

Cephas Birungyi is an advocate licensed to practise in all courts of judicature in Uganda. He is a distinguished legal and tax consultant and has carried out a number of consultancy assignments within Uganda for various ministries and government bodies and outside Uganda for the EAC, GIZ, IFC and the World Bank. Cephas is the managing partner of Birungyi, Barata & Associates and has previously worked in various capacities with the Uganda Revenue Authority (URA), representing the URA in the Parliamentary Committee of Finance and advising on the drafting of the Income Tax Act 1997 of Uganda. He also represented the URA in drafting the Tax Appeals Tribunal Act and represented the Authority on various matters before the Tribunal. He headed the Quality Assurance Section of the Income Tax Department for six years and was the chair of the Quality Assurance Committee of the East African Revenue Authorities Technical Committee. He is currently retained by International Finance Corporation (a member of the World Bank group) as a consultant in taxation. Cephas is also an approved tax agent.

Firm Overview:

Birungyi, Barata & Associates is a Legal and Tax consultancy firm with its offices at plot 3 Portal Avenue, Crusader House, 3rd Floor, Annex in Kampala. Birungyi, Barata & Associates presently has five partners/consultants with excellent academic and professional qualifications.

Ernst Ravnaas

Ernst Ravnaas is our exclusively recommended Tax Services expert in Norway on the Advisory Excellence website. If you need assistance in this area, please contact Ernst directly using the contact details above.

Ernst is Managing Partner at SANDS. Ravnaas has through 30 years worked with tax issues, in particular in relation to group company structuring, international structuring and purchase and sale of businesses. He has also extensive experience as adviser for the large business organisations in fiscal policy questions, and was a member of the tax committee which prepared the tax reform of 1992.

Ravnaas has with his Master in Business and Economics also worked extensively with accounting questions of legal character and issues in the borderland between law and finance. He has considerable experience as arbitrator.

Ravnaas is author of a number of books within tax law and accounting law and is frequently used as lecturer. Chambers Global characterise Ravnaas as a person celebrated as one of the best lawyers in tax – he looks for new opportunities and new ways to approach issues. Clients find him creative, knowledgeable and easy to work with.

Ravnaas has previously been a partner in BA-HR and Wikborg Rein.

Thierry Afschrift

Thierry Afschrift founded the Afschrift law firm in 1994. He was, at the time, a renowned tax specialist, professor in charge of several courses at the Université Libre de Bruxelles. More importantly, 1994 is also the year he published L’évitement licite de l’impôt et la réalité juridique (lawful tax avoidance and legal reality) at the éditions Larcier. In this book, Thierry Afschrift targets a law from 1993 that reformulates the article 344 of the Code d’Impôt sur les Revenus (income tax code). His core message forms the basis of the values held by the lawyers that joined the Afschrift Law Firm: the taxpayer can never be forced to pay more taxes than what the law prescribes. “The government cannot force a taxpayer, whether a physical person of a legal entity, to place herself in a less favourable situation. Every taxpayer has a right – provided she respects the law – to reduce as much as she can the tax pressure put on her shoulders by the Belgian State. For more than 60 years, successive governments have tried to limit this right, event though it finds its origin in the spirit of the Belgian Constitution. Their attempts have so far been rejected eventually by the Constitutional Court.” The 1993 law, largely useless, has been replaced by a new version in 2012. Thierry Afschrift holds that this version, rechristened disposition anti-abus (anti-abuse provision) by the then Minister of Finances, will face the same constitutional obstacles. “As long as the principle of legality of tax will be enshrined in the Constitution, the legislator will find it very difficult to pretend that a law-abiding citizen could suddenly be deprived of their benefit on the sole reason that he tried to use them to his advantage.”

Firm Overview:

Strength, courage and gentleness

We have chosen the bear as the brand image of our job as tax lawyers for its strength, its courage and its reputation for gentleness.

Energy and courage

Everybody knows that bears are powerful animals, very quick to defend their cubs and their territories against intruders.

As fiscal lawyers, our role is to defend our clients and to protect their assets against the government. We will tackle this with the same energy and courage as a mother bear defending her cubs.

Gentleness and benevolence

But the lawyer also has to advise and provide guidance to his clients so that they can manage their assets and professional activities. We look after our clients with the same care as that of a mother bear supervising the first steps of her baby cubs.

Confidentiality

Finally, the teddy bear is the first friend to whom a small child will confide his secrets, knowing the bear will never betray them.

Inevitably our clients, if they are going to receive advice that is most suitable for their needs, will have to disclose certain details of their private lives. We do everything possible to protect such confidential data.

Protecting bears

To provide a tangible example of our attachment to bears as the emblems of our activity, we have decided to put words into action. That is why we support in Spain the charity “Fundación oso de Asturias” which works for the protection of bears in Asturias.

Thierry Afschrift

Thierry Afschrift founded the Afschrift law firm in 1994. He was, at the time, a renowned tax specialist, professor in charge of several courses at the Université Libre de Bruxelles. More importantly, 1994 is also the year he published L’évitement licite de l’impôt et la réalité juridique (lawful tax avoidance and legal reality) at the éditions Larcier. In this book, Thierry Afschrift targets a law from 1993 that reformulates the article 344 of the Code d’Impôt sur les Revenus (income tax code). His core message forms the basis of the values held by the lawyers that joined the Afschrift Law Firm: the taxpayer can never be forced to pay more taxes than what the law prescribes. “The government cannot force a taxpayer, whether a physical person of a legal entity, to place herself in a less favourable situation. Every taxpayer has a right – provided she respects the law – to reduce as much as she can the tax pressure put on her shoulders by the Belgian State. For more than 60 years, successive governments have tried to limit this right, event though it finds its origin in the spirit of the Belgian Constitution. Their attempts have so far been rejected eventually by the Constitutional Court.” The 1993 law, largely useless, has been replaced by a new version in 2012. Thierry Afschrift holds that this version, rechristened disposition anti-abus (anti-abuse provision) by the then Minister of Finances, will face the same constitutional obstacles. “As long as the principle of legality of tax will be enshrined in the Constitution, the legislator will find it very difficult to pretend that a law-abiding citizen could suddenly be deprived of their benefit on the sole reason that he tried to use them to his advantage.”

Firm Overview:

Strength, courage and gentleness

We have chosen the bear as the brand image of our job as tax lawyers for its strength, its courage and its reputation for gentleness.

Energy and courage

Everybody knows that bears are powerful animals, very quick to defend their cubs and their territories against intruders.

As fiscal lawyers, our role is to defend our clients and to protect their assets against the government. We will tackle this with the same energy and courage as a mother bear defending her cubs.

Gentleness and benevolence

But the lawyer also has to advise and provide guidance to his clients so that they can manage their assets and professional activities. We look after our clients with the same care as that of a mother bear supervising the first steps of her baby cubs.

Confidentiality

Finally, the teddy bear is the first friend to whom a small child will confide his secrets, knowing the bear will never betray them.

Inevitably our clients, if they are going to receive advice that is most suitable for their needs, will have to disclose certain details of their private lives. We do everything possible to protect such confidential data.

Protecting bears

To provide a tangible example of our attachment to bears as the emblems of our activity, we have decided to put words into action. That is why we support in Spain the charity “Fundación oso de Asturias” which works for the protection of bears in Asturias.