taxes in Lithuania

  • Economy

100 days of the president – solely tax tariff increases won’t solve problems

They say that only after the first one hundred days can you really begin to be more critical of a…

5 years ago
  • Economy

Number of the wealthy in Vilnius skyrockets

Lithuania’s major cities have seen an impressive rise in the wealthy, with Vilnius even being a leader in this among…

5 years ago
  • CORPORATE
  • Opinion

ELECTIONS. New taxes after the elections?

Recently tax reform proposals, which would help raise tax income, of those preparing the new social model were dismissed by…

8 years ago
  • Economy

No new taxes in Lithuania, but ‘state finance must ensure sustainable economic growth’

Lithuania's finance minister says there should not be any major changes in taxation after October's general elections, but adds that…

8 years ago
  • CORPORATE

Public’s tolerance for tax evasion in Lithuania is falling

The State Tax Inspectorate's (VMI) anonymous hotline, which has been operating for the past 10 years, has added €32 million…

9 years ago
  • CORPORATE

Why is the European Commission repeating its recommendations for Lithuania?

The recommendations submitted to Lithuania by the European Commission are largely the same as they've been over the last few…

9 years ago
  • CORPORATE

Lithuanian political parties ‘should sign national agreement on tax reform’ – economist

Nordea Bank economist Žygimantas Mauricas accused Lithuanian political parties of offering primarily cosmetic tax and economic reforms that were failing…

9 years ago
  • CORPORATE

Head of Lithuanian central bank says he worked with offshore companies lawfully

Vitas Vasiliauskas, chairman of the board of the Bank of Lithuania, has admitted to representing numerous offshore companies but also…

9 years ago
  • CORPORATE

Black market still quarter of Lithuanian economy

More than a quarter of Lithuania's economy still exists on the black market, according to the Lithuanian Free Market Institute's…

9 years ago
  • CORPORATE

Big companies may be taxed to support competition regulator

Some companies in Lithuania may face a new tax through which they would be obligated to support the Competition Council…

9 years ago
  • CORPORATE

Lithuanian tax take from foreign companies to grow over next two years

Foreign companies operating and expanding in Lithuania will begin paying higher taxes to the Lithuanian government some over the next…

9 years ago
  • Economy

Lithuanian Prime Minister supports controversial VAT cut proposal

The currently existing value-added tax (VAT) of 21 percent can stand to be reduced, believes Prime Minister Algirdas Butkevičius. [...]

9 years ago
  • Politics

Proposed tax on bank assets criticised by government leaders

The Electoral Action of Poles in Lithuania (EAPL), a political party representing Lithuania's Polish minority, has suggested implementing new taxes…

9 years ago
  • CORPORATE
  • Opinion

How much tax are Google, Facebook paying in the Baltic States?

International companies like Google are making deeper inroads into the economies of the Baltic states, but they still choose to…

9 years ago
  • CORPORATE

MP proposes VAT cuts on basic foods

A reduced value-added tax (VAT) rate should apply to basic food products, according to a new bill being proposed by…

9 years ago
  • Politics

President on Labour Party acquittal: It still pays to steal in Lithuania

It still pays to defraud, steal and avoid taxes in Lithuania, the country's President Dalia Grybauskaitė said on Monday, commenting…

9 years ago
  • Economy

No progressive taxation in Lithuania, PM says

Lithuania will not introduce progressive taxation because there are too few high-earners, according to the country's social democrat Prime Minister…

9 years ago