Andis Vītols

Andis vītols

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Followers of Andis Vītols452 followers
  • Timeline

  • About me

    Manager at PwC Latvija

  • Education

    • Limbažu 1. secondary school

      1999 - 2011
      Secondary education
    • Riseba university

      2011 - 2015
      Bachelor's degree business administration and management, general
  • Experience

    • Dukascopy bank sa

      Oct 2013 - Mar 2014
      Intern
    • Pwc latvija

      Mar 2015 - now

      As a senior specialist I have accumulated experience and knowledge in the field of transfer pricing by:- Preparing transfer pricing documentations (local and master files);- Participating as presenter in transfer pricing seminars (organised by PwC or Ifinanses).- Analysis of intercompany transactions and whether the corresponding pricing policy applied is in line with the arm’s length principle (Latvian TP rules and OECD Guidelines);- Financial analysis; Implementation of benchmark studies / Determination of Interquartile range’ / Selection of TP method and profit level indicator according to tested party’s functional profile (distributor, manufacturer, service provider) / Calculating potential TP adjustments (P&L);- Segregating clients P&L statement to determine profitability generated in specific controlled transaction;- Conducting functional interviews with clients;- Preparing functional analysis; Identifying the functions, risks and assets used (tangible and intangible) by group’s counterparties and examine whether and to what extent intercompany pricing –individually- is affected;- Performing industry analysis for several client’s sectors: consumer goods, telecommunication, pharmaceuticals; etc.;- Preparing Group and Company analysis;- Communicating with clients regarding transfer pricing matters e.g. email correspondence and face to face meetings. Show less As a junior tax consultant my responsibilities include:- Meeting clients and understanding their business and needs;- Participating in functional interviews, discussing them internally with the team;- Making research and working on Clients' industry analysis;- Preparing Client's business analysis;- Writing functional analysis based on functional interviews and other information received from Client;- Studying Client's financial statements and conducting data segmentation;- Searching the most appropriate transfer pricing method;- Preparing transfer pricing benchmark studies and deriving arm's length price. Show less

      • Manager

        Oct 2021 - now
      • Senior Associate

        Oct 2017 - Oct 2021
      • Junior Tax Consultant

        Sept 2015 - Sept 2017
      • Intern

        Mar 2015 - Aug 2015
  • Licenses & Certifications

    • Generative ai in tax and law

      Professional education at king’s
      Nov 2024
      View certificate certificate
    • Diploma in business english for international managers, level 3

      London chamber of commerce and industry
      Sept 2014
    • Diploma in business studies

      London chamber of commerce and industry
      Sept 2014
    • Diploma in practical ict skills, level 3

      London chamber of commerce and industry
      May 2012