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Lithuania News - Business, Taxation & Offshore


OECD States Tapped VAT, CIT To Achieve Record Revenues In 2017

by Ulrika Lomas, Tax-News.com, Brussels

Friday, December 7, 2018

Last year, the tax burden in OECD countries reached its highest level recorded, at 34.2 percent of gross domestic product, up 20 basis points on 2016, largely due to increasing taxes on personal consumption and companies. Read Full Story


OECD Reports Progress On Harmful Tax Regimes Work

by Ulrika Lomas, Tax-News.com, Brussels

Friday, November 23, 2018

Releasing a progress update, the OECD said international efforts to curb harmful tax practices and prevent the misuse of preferential tax regimes are having a tangible impact worldwide.Read Full Story


Swiss Gov't Approves BEPS Multilateral Instrument

by Ulrika Lomas, Tax-News.com, Brussels

Friday, September 21, 2018

The Swiss Federal Council has approved an OECD multilateral convention designed to prevent BEPS-related abuse of the international tax treaty system. Read Full Story


OECD Urges International Tax Reform Of Savings, Investments

by Ulrika Lomas, Tax-News.com, Brussels

Friday, April 13, 2018

"While countries do not necessarily need to tax savings more, there is a lot of room to improve the way countries tax savings," according to Pascal Saint-Amans, Director of the OECD Centre for Tax Policy and Administration.Read Full Story


OECD Proposes Tax Reforms For Lithuania

by Ulrika Lomas, Tax-News.com, Brussels

Tuesday, March 13, 2018

The OECD has said in a new report for Lithuania that the country needs to be raise indirect tax revenues to boost the economy's potential and fund welfare projects.Read Full Story


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









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