Banking assets EN

Government renounces banking asset tax but proposes additional corporate tax

Lithuania's government is leaning towards "burying" the planned banking asset tax and is proposing introducing an additional 7 percent corporate tax...

Cabinet backs retail and bank taxes

The Lithuanian Cabinet on Wednesday backed in principle new taxes on bank assets and retail turnover , but proposed that the parliament hold...

Karbauskis: bank tax estimated to bring in EUR 40 mln (1)

A proposed tax on banking assets is estimated to bring in 40 million euros in extra annual budget revenue, well below the publicly discussed amount of...

Banks warn: tax on bank assets would make loans more expensive

A proposed tax on banking assets would make loans for households and businesses more expensive, the Lithuanian Banks' Association (LBA) warned on Tuesday.

Karbauskis says coalition ready to back tax on bank assets

Lithuania's ruling coalition is ready to support a move to tax banking assets , Ramunas Karbauskis , the leader of the Farmers and Greens Union , the...