The Ministry of Environment would like to raise taxes for amber extraction in Lithuania. It has proposed a 44-fold increase…
The private holding company Vilniaus Prekyba UAB, one of the largest Lithuanian groups of private companies and owner of the…
On Thursday, 11 June, Lithuania's Constitutional Court ruled that legal regulations that distribute personal income tax (PIT) to municipal budgets…
Limiting Vilnius' share of personal income tax revenues collected in the city goes against the Constitution, the Constitutional Court said…
Lithuania has received recommendations from the European Commission on the most pressing issues in the economy that need addressing. Disturbingly,…
Prime Minister Algirdas Butkevičius has assured that the government of Lithuania is not planning to propose any new tax laws…
The parliament of Lithuania has adopted amendments to the Law on Excise Duty. The bill introduces higher excise duty rates…
Prime Minister Algirdas Butkevičius says that he opposed a universal tax on real estate. [...]
In a sharp reversal to its previous stance, the current ruling majority is already mulling a possibility to introduce a…
Shale gas production in Lithuania shall be taxed at 1 percent in the first three years, instead of applying the…
Lithuanian Prime Minister Algirdas Butkevičius claims that the government is not planning to make any major changes to the tax…