Vilnius authorities are intent on cracking down on unaccounted property rents. Under a new proposal, brokers will have to register…
The State Tax Inspectorate's (VMI) anonymous hotline, which has been operating for the past 10 years, has added €32 million…
The European Commission issued a range of recommendations on how to improve Lithuania‘s economy including improving tax compliance particularly VAT,…
The Finance Minister says Lithuanians will not have to declare their foreign and electronic bank accounts to tax authorities this…
It has been reported that the State Tax Inspectorate (VMI) has received information about 150 Swiss bank accounts held by…
If Lithuania made its tax system more transparent, like Estonia's, it could collect about €2.5 billion more to its coffers…
The number of Lithuanians being able to buy property purely in cash has been steadily multiplying in the last few…
The government has given the go-ahead for Lithuanian tax authorities to start scrutinising Lithuanians' bank accounts for tax evasion and…
International companies like Google are making deeper inroads into the economies of the Baltic states, but they still choose to…
Even though Lithuania is not introducing any new levies this year, the country's tax authorities are planning to increase revenues…
About one tenth of all Lithuanian bank accounts will be scrutinised by the State Tax Inspectorate under a new law…