Lithuanian PM disappointed with coalition for refusing to lift tax exemptions on heating

The PM says he is sorry that the coalition partners lack political will to make socially just decisions. If the exemption is extended for 2015, the government will have to find additional LTL 190 million (EUR 55 million) in the next year’s budget.

Related Post

The Law on Value Added Tax stipulates that the reduced 9-percent VAT rate on heating and hot water is in force until 31 December 2014. In its 2015 national budget proposal, the Ministry of Finance suggested eliminating the exemption.

Share

Recent Posts

  • Latest

Prosecutor’s Office announces the fate of the four missing US soldiers: death investigation launched, still silence from the services

On March 31 morning, Minister of National Defence Dovilė Šakalienė announced that an M88 armoured…

3 weeks ago
  • Latest

A few questions to Mr. Putin, Mr. Trump and all those calling for “peace at all costs”

I admit it: I’m not that type of person who follows domestic and international politics…

1 month ago
  • Latest

Message from the President’s Office to Paluckas on Žemaitaitis

While Prime Minister Gintautas Paluckas does not take issue with the statements made by the…

2 months ago
  • Economy

Surprised by what’s happening in Lithuania: this is what makes us stand out in the EU

Lithuanian economists are surprised to see our country's economic growth: the Estonian economy has been…

3 months ago
  • Politics

Will the coalition shut the door on Žemaitaitis?

"The fate of Nemuno Aušra (Dawn of Nemunas) in the coalition has been decided; they…

3 months ago
  • Tribune

Airvolve has begun the patenting process for an exclusive aircraft

Airvolve, a Lithuanian dual-purpose aeronautics company, has successfully completed its first round of testing and…

3 months ago