tax

SocDems oppose raising taxes to fund defence – leader

The Social Democratic Party ( LSDP ) will not support the Bank of Lithuania’s proposals to raise personal income tax in order to increase defence...

More than half of Lithuanians oppose new defence tax

More than 54% of Lithuanians oppose a proposal to introduce a universal defence tax as of 2025, a public opinion poll commissioned by the LRT public...

Nausėda says adopting defence tax in 2024 possible

President Gitanas Nausėda believes the current Seimas is able to adopt a defence tax , which would be a more sustainable way of financing defence needs...

Finance minister: new government plans to review all tax incentives

Lithuania's new government is planning to review all existing tax incentives, including the excise tax discount for diesel fuel used by farmers, Finance...

Analysis: tax burden influences economic state aid

Nordic-Baltic business law house Fondia prepared an analysis of government aid for business and individuals in several countries. It turned out that state...