income tax

EC warns Lithuania over delays in transposing Pillar Two directive into national law

Lithuania has received a letter of formal notice from the European Commission over delays in transposing the Pillar Two directive, which imposes a minimum...

Sapoka: in-depth discussions needed on residential income tax cut

Lithuanian Finance Minister Vilius Sapoka has welcomed President Gitanas Nauseda's recent proposal on additional payouts to families with children, but is...

New PM says tax incentive for life insurance failed to achieve its goals

Lithuanian Prime Minister-designate Saulius Skvernelis says that the existing personal income tax incentive for life insurance has failed to achieve its...

ELECTIONS. Labour Party programme highlights

With the elections less than two weeks away the Lithuanian Free Market Institute looks at some of the key points of the Labour Party electoral...