tax

Seimas takes another step to setting ceiling on social security contributions

The Lithuanian parliament on Friday took another step toward adopting a part of the government's proposed tax reform package, including setting a ceiling on...

Seimas committee approves of social security tax ceiling

The Lithuanian parliament's Committee on Social Affairs and Labor on Wednesday approved of a ceiling on employees' contributions to the state social...

Ruling parties submit compromise tax reform proposals

The majority leaders in the Lithuanian parliament are changing their proposed plans for the personal income tax, social insurance contribution rates and...

Finance minister sees no major risks in budget revenue collection

Lithuanian Finance Minister Vilius Šapoka says he sees no major risks after central government and municipal budget revenues for January to May fell short...

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