VAT

  • Latest

Why won’t Lithuania be as cheap as Poland: are we to blame for rising prices because we buy more?

As the holidays approach, people head to Poland to shop, and some plan to spend the New Year there too.…

2 years ago
  • CORPORATE
  • Opinion

Changes to Sodra taxes in the making

Is it right for one person to pay 5 euro for a service, while another – 10 euro for the…

7 years ago
  • Economy

Minister of Finance to advise Government return 9% VAT on heating in October

Lithuania's government is keeping its promise to reintroduce a reduced value-added tax (VAT) on heating, with Finance Minister Vilius Šapoka…

7 years ago
  • Economy

Competition, not reduced VAT can lower food prices – Lithuanian PM

A reduced value-added tax (VAT) on the key food products cannot ensure lower prices for buyers, Lithuania's Prime Minister Saulius…

7 years ago
  • CORPORATE
  • Opinion

Secret tax plan – interest in giving up on one of the main promises is expressed

The Government has prepared a plan for tax reconstruction which was already presented to both the Peasant and Green Union…

7 years ago
  • Economy

Lithuania scraps reduced VAT on heating, hot water

Lithuania's value-added tax rate on district heating and hot water supply increases starting on Thursday, from the reduced 9 percent…

7 years ago
  • Economy

Lithuanian electronics firms suspected of tax evasion

Lithuanian companies selling mobile phones, laptops and other electronic devices are suspected causing about 750,000 euros in damage to the…

8 years ago
  • CORPORATE
  • Opinion

Skvernelites against Karbauskites – who will prevail?

Though the leaders of the Lithuanian Peasant and Greens Union (LPGU) have kept repeating that they will work with the…

8 years ago
  • Uncategorized

Lithuania will have to improve its reputation in Rail Baltica project

Lithuania will have to improve its reputation that has been harmed by the country's inability to find common ground with…

8 years ago
  • Economy

Seimas leaves reduced VAT on heating in place until next June

The Lithuanian parliament has left the reduced 9-percent VAT rate on district heating in place until May 31, 2017, which…

8 years ago
  • Politics

New Govt program features less clarity on taxes, future of pension funds

The program of the coalition government of the Lithuanian Peasant and Green Union and the Social Democratic Party no longer…

8 years ago
  • Defence

Opposition criticizes draft 2017 budget as ‘semi-finished product’

Lithuania's opposition lawmakers say that next year's budget drafted by the outgoing government is "a semi-finished product" that should not…

8 years ago
  • CORPORATE
  • Opinion

ELECTIONS Promises. Economics – what voting shows

All parties stress the importance of the economy and businesses, pledging to improve conditions in those sectors every election. Various…

8 years ago
  • Politics

Emigration a key topic in Seimas elections

Mass emigration from Lithuania has become a key topic in this year's general elections, with most political parties vowing to…

8 years ago
  • CORPORATE

ELECTIONS. Kubilius and Budbergytė debate on taxation

Both the coalition government and the opposition parties agree that too little tax revenue is collected in Lithuania and also…

8 years ago