The government has given the go-ahead for Lithuanian tax authorities to start scrutinising Lithuanians' bank accounts for tax evasion and…
Neringa, the municipality located on Lithuania's picturesque Curonian Spit, has become a Mecca for the country's rich and famous. However,…
International companies like Google are making deeper inroads into the economies of the Baltic states, but they still choose to…
This January, the national budget and municipal authorities collected 2% (€12.1 million) more tax revenue than planned and 7.1% (€41…
A reduced value-added tax (VAT) rate should apply to basic food products, according to a new bill being proposed by…
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…
Lithuania will not introduce progressive taxation because there are too few high-earners, according to the country's social democrat Prime Minister…
Seimas Speaker Loreta Graužinienė has said she opposes recent proposals to have all commercial banks share information about account holders…
Drivers in all 28 EU member states, including Lithuania, may be forced to pay a special refugee tax for each…
In an effort to fight tax evasion, Lithuania's Finance Ministry wants to have banks share data on all account holders…
Increased efforts to tackle tax evasion and the black market led to a significant increase in tax revenues for the…
After the Constitutional Court approved a change to real estate tax codes last fall, real estate tax revenue dipped by…
Achema, the Lithuanian fertilizer and industrial chemicals producer, has paid €31.34 million in gas taxes that it had previously contested.…
Lithuania's Social Democratic Party needs to run on a truly social democratic platform, centred around a reformed and fairer tax…
The Seimas, the Parliament of Lithuania, has rejected the initiative to introduce progressive taxation. [...]
The Lithuanian parliament will discuss a proposal of Deputy Parliament Speaker Algirdas Sysas, a social democrat, that employers who pay…
On Wednesday, the Cabinet of Lithuania rejected the proposal to introduce progressive rates of personal income tax in the country.…
The level of VAT revenue collected in Lithuania is well below that which could be collected, the European Commission has…
The Lithuanian government has approved an rise in taxes on amber extraction as the country prepares to launch a tender…