Lithuania News
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
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
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
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