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Lithuania News - Business, Taxation & Offshore


Lithuania Enacts Corporate Tax And VAT Changes

by Ulrika Lomas, Tax-News.com, Brussels

Wednesday, January 17, 2018

Enhanced corporate tax incentives and certain changes to value-added tax rules have been introduced in Lithuania as part of the 2018 Budget, approved by parliament in December.Read Full Story


US Agrees To Exchange CbC Reports With Spain

by Ulrika Lomas, Tax-News.com, Brussels

Thursday, December 28, 2017

In a recent update, the Internal Revenue Service has announced that it has agreed a bilateral competent authority agreement with authorities in Spain to exchange country-by-country reports.Read Full Story


Irish Tax Regime 'Most Business Friendly In EU'

by Jason Gorringe, Tax-News.com, London

Friday, December 15, 2017

Ireland tops the EU league of business-friendly tax regimes and is an attractive location in which to do business, according to a new survey by PwC. Read Full Story


EU Commission Warns Of Tax Scam Letters

by Ulrika Lomas, Tax-News.com, Brussels

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


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