Corporate tax EN

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...

Trade unions’ leader proposes corporate tax hike to boost defence spending

The Lithuanian Trade Unions’ Confederation says a higher corporate tax on business and progressive taxes would be the right instruments to secure more...

Parliament committee backs raising corporate tax for banks to 20 pct

The Lithuanian parliamentary Committee on Budget and Finance has backed the proposal to increase the corporate tax for banks from 15 to 20 percent after...

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...

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