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Lithuania News - Business, Taxation & Offshore


EU Commission Warns Of Tax Scam Letters

by Ulrika Lomas, Tax-News.com, Brussels

Last updated 17 hours ago | Tuesday, December 12, 2017

The European Commission has warned taxpayers in Europe of letters being sent by fraudsters bearing its name and demanding the payment of tax not due.Read Full Story


IMF Urges Rebalancing Of Lithuania's Taxes

by Ulrika Lomas, Tax-News.com, Brussels

Tuesday, November 21, 2017

The International Monetary Fund has called on Lithuania to consider measures that will shift the emphasis of taxation away from labor and towards wealth.Read Full Story


EU Council Approves VAT Derogations For Four States

by Ulrika Lomas, Tax-News.com, Brussels

Thursday, October 19, 2017

In Volume 60 of the Official Journal of the European Union (L 265), published October 14, the European Council approved four proposals for council implementing decisions in respect of derogations sought by member states from the EU VAT Directive. Read Full Story


Lithuania Looking to Preserve Lower VAT Threshold

by Ulrika Lomas, Tax-News.com, Brussels

Friday, August 4, 2017

The European Commission has proposed that the EU Council should extend the current derogation for Lithuania that allows the country to set its value-added tax registration threshold at EUR45,000 (USD53,300). Read Full Story


EU Tax Burden Steady In 2015, At 38.7pc Of GDP

by Ulrika Lomas, Tax-news.com, Brussels

Friday, July 14, 2017

The European Commission has published its annual taxation trends report.Read Full Story


Lithuania's Tax Burden Too Low, Says IMF

by Ulrika Lomas, Tax-News.com, Brussels

Wednesday, July 12, 2017

Lithuania should boost tax revenues by improving tax administration processes and repealing special tax schemes, the International Monetary Fund has said. Read Full Story


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