“If we were to look at history, many governments did not cross the line – didn’t introduce property, progressive or automobile taxes. It would be a highly unpopular decision in the society, however, it is probably necessary, as it is in many countries. Yes, I’m in support,” Pranckietis told Žinių Radijas news radio.
In his words, the government would decide on the date of the new taxes.
Last week, the Cabinet submitted revised proposals on restructuring of the tax system. The proposed changes should be discussed at the parliament’s fall session and put to a vote along with the 2018 budget, in order for the changes to take effect on Jan. 1 2018.
In comment of the new restructuring model, Vitas Vasiliauskas, board chairman of the central Bank of Lithuania, said he lacked proposals on universal car taxes and real estate taxes.