The article presents information on taxation in Lithuania. The Ministry of Finance is the major tax authority. In Lithuania, corporate income tax rate is 15 percent, capital gains tax rate is 15 percent and the branch tax rate is 15 percent. Companies which offer taxation services include Ernst...
However, at 33% of income, the tax rate is considerably higher than that of its neighbours and some suggest that this, combined with low wages, may be a factor influencing the current trend of mass emigration to Western Europe, something that has been made legally possible as a result of ...
The government pledges to restore the reduced VAT for heating which was abolished earlier this year. However, Sapoka did not elaborate on the exact tax rate. Before it was removed, the reduced VAT for heating amounted to 9 percent, while general VAT in Lithuania is 21 percent. Lithuania has...
…The five countries at the bottom of the rankings all have higher-than-average combined corporate tax rates. Ireland ranks poorly on the ITCI despite its low corporate tax rate. This is due to high personal income and dividend taxes and a relatively narrow VAT base. The worst country (...
If you want to found a company in Lithuania, this incorporation decision should be assessed along with the subsequent tax aspects: Corporate income tax (CIT) rate – 15% Personal income tax (PIT) rate – 32% Value-added tax rate – 21% Withholding tax rates (applicable to foreigners) –...
Similar tax rate in such territory is below 75% of that set in the Lithuanian Law on CIT. In such territory, different rules for levying a similar tax are applied, depending on the country where the parent company (controlling entity) is registered or otherwise organised. ...
For the period of a year following this prohibition the Jewish community was on several occasions assessed at the rate of three gulden per head of cattle in order to furnish funds wherewith to induce the officials to grant a hearing of the case. The Jews finally reached an agreement with ...
The exchange rate may change between the time you told us you wanted to exchange currency and the time we actually carry out the conversion. This means that if you ask us to exchange currency, you may receive a little more or less back than what you had expected. We’re not responsible...
Countries richer than Lithuania (GNP per capita 2017) are green in this map while those poorer than Lithuania are red. ©Augustinas Žemaitis. Among the member-states of the European Union and NATO Lithuania is one of the poorer countries. But it is richer than or on par with other East...
Discusses a number of problems associated with the existing pension system in Lithuania. Substantial increase in the basic pension benefit rate; Wage/price... Jensen,Svend,E.,... - 《Journal of Policy Reform》 被引量: 5发表: 2002年