Lithuania's Finance Minister-Designate Vilius Šapoka says that value-added tax (VAT) privileges for heating of homes is a faulty scheme, which…
- Clash between the Chairman of the Social Democrats Algirdas Butkevičius and Homeland Union-Lithuanian Christian Democrats (TS-LKD) Chairman Gabrielius Landsbergis…
The Social Democrats proposal to reduce VAT for fresh and chilled meat to make it more affordable has been criticised…
Lithuanian President Dalia Grybauskaitė has criticized the government's suggestions to cut VAT rates on some foodstuffs in order to rein…
VAT cuts are not the best way to rein in rising food prices, says the Lithuanian president's top adviser. [...]
The Lithuanian government is planning to raise tax-exempt income levels again next year, following a hike this January. [...]
Lithuania's taxation system is conducive to social inequality with a disproportionate burden falling on labour income, and taxes on capital…
With about six months left to the next general election, cutting taxes is all the rage in the Lithuanian parliament.…
The Lithuanian government could collect more revenue from the value-added tax (VAT) by lowering the rate and thus cutting the…
Lithuania's ruling coalition has postponed a decision on cutting value-added tax (VAT) on basic food products until after the Finance…
The Lithuanian parliament is to consider value-added tax (VAT) exemptions for food staples in a bid to dissuade Lithuanian shoppers…
On Thursday, 11 June, Lithuania's Constitutional Court ruled that legal regulations that distribute personal income tax (PIT) to municipal budgets…
Lithuanian Prime Minister Algirdas Butkevičius says that the ruling coalition has left room for populism in the future when it…
Member of Parliament Mečislovas Zasčiurinskas has criticised the government's plans to revoke the reduced VAT rate on heating next year.…
According to opinion polls, the Lithuanian public is growing increasingly pessimistic about the country's economic outlook. This, says economist Žygimantas…
Social Democrat member of the Seimas Birutė Vesaitė is against the plans to lift the VAT exemption on heating. [...]