Value Added Tax Archives - Page 2 of 2

Reduced VAT rate for books proposed in Lithuania

August 20, 2014 ELTA EN 0

MP Vytautas Antanas Matulevičius has proposed to introduce a 5-percent value added tax (VAT) rate on books and non-periodicals instead of the current 9 percent VAT rate. […]

Lithuanian prime minister says no VAT cuts

August 13, 2014 BNS 0

Lithuanian Prime Minister Algirdas Butkevičius said on Wednesday that VAT rates on agricultural products will not be reduced. […]

Lithuanian parliament speaker sceptical about cutting VAT to alleviate Russian import embargo effects

August 13, 2014 ELTA EN 0

Speaker of the Lithuanian Seimas Loreta Graužinienė says she has reservations about cutting value added tax (VAT) rate for vegetables and meat. According to the head of Parliament, only retailers would benefit from VAT rate exemptions, while producers and consumers would not. […]

Agriculture minister: Russian embargo can reduce Lithuania’s economic growth more than estimated

August 12, 2014 BNS 0

A failure to compensate the losses suffered by the dairy and meat sectors due to Russia’s restrictions on the imports of food and farm products may shave more than 0.2 percentage points off the Lithuanian GDP growth, Agriculture Minister has said. […]

Lithuanian meat and vegetable producers ask for tax cuts in wake of Russian embargo

August 12, 2014 ELTA EN 0

After Russia has imposed an embargo on Lithuanian agricultural production, the government is considering not only subsidies for food products but also a reduced 5-percent value-added tax (VAT) rate for vegetable and meat producers. […]

President Macron’s Ukrainian arithmetic

April 6, 2024 0

What is behind President Macron’s refusal to rule out sending Western troops to Ukraine? Is it a case of late conversion? After all, France’s president long cultivated dialogue with Vladimir Putin, arguing that Russia should […]

European defence industry strategy – any opportunities for small EU state?

March 27, 2024 0

On March 5, a new European defence industry strategy was officially presented, which could provide up to 100 billion euros in funding. The strategy presents a clear, long-term vision of how it is planned to […]

The Conservatives explained what’s happening with Anušauskas: now he’s in trouble

March 20, 2024 0

Prime Minister Ingrida Šimonytė’s suggestion that Minister of National Defence Arvydas Anušauskas resign and instead give way to the Chairman of the Committee on National Security and Defence, Laurynas Kasčiūnas, provoked further reaction from the […]

What a Russian offensive would look like if war broke out: expert warns – NATO countries are already preparing for such a scenario

February 6, 2024 0

Last week, NATO launched its most significant military exercise since the Cold War, with a US warship beginning its journey across the Atlantic Ocean to the Alliance’s European territory. The German exercise plans, which were […]

Why is Russia a problem and a threat to everyone?

February 6, 2024 0

Russia’s war against Ukraine, which has been ongoing since 2014, demonstrates the audacity of Russian society and a sense of permissiveness and impunity for its criminal actions. The leadership of Russia, which is a reflection […]

The main competitors in the presidential elections: prominent candidates

January 30, 2024 0

With four months left until the presidential elections, the current Head of the country, Gitanas Nausėda, continues to increase in popularity. However, ratings for Ingrida Šimonytė and Ignas Vėgėlė have risen even faster in the […]