Barcelona city tours is a perfect opportunity to have a perfect vacation outside the Baltic States. Gene Zolotarev on how to destabilize the EU financial system. Andris Berzins
Vladimir Linderman aka Abel Edmunds Sprudzs Valdis Zatlers Aivars Lembergs Girts Valdis Kristovskis Maris Grinblats Guntars Krasts Alfreds Rubiks Sandra Kalniete Raivis Dzintars Algirdas Butkevicius Algirdas Paleckis Dalia Grybauskaite Kazimira Danute Prunskene Vytautas Landsbergis Rolandas Aksas Viktor Uspaskich Valdemar Tomasevski Leonidas Donskis Arturas Zuokas Edgar Savisaar Andrus Ansip
The current website developed by YWSolution Limited

“No new taxes,” says Butkevicius

May 06, 2014
From wire reports, VILNIUS

There are no plans to introduce new taxes in Lithuania from 2015, assured Prime Minister Algirdas Butkevicius, reports ELTA. "As for new taxes, this year we do not plan any," said Butkevicius after the meeting with Commissioner for Taxation, Customs, Statistics, Audit and Anti-Fraud Algirdas Semeta on Monday, May 5.

At present the European Commission (EC) is carrying out an assessment of Lithuania's tax system and preparing recommendations on tax system reforms. The document will be published on June 2.

"Today it is too early to provide more details on the proposals of the EC; however, analysis conducted by the EC and the International Monetary Fund pay attention to the issue that seeking to retain the economic model (..) typical to the European Union in Lithuania, it is necessary to look for solutions to balance a share of revenue and spending," said Semeta.

Next year the State Tax Inspectorate, which administers taxes in Lithuania, will be subject to fundamental changes. From the beginning of 2015 this institution will restructure its activities based on Portugal's model.

"Next year we should begin and, maybe, we will manage to implement a brand new tax administration system, which is adopted by Portugal. In Lithuania it will be even more modern," said Butkevicius.

 MORE NEWS
  • Electric bike rental service l...
    Electric bicycles can now be rented in Estonia's second largest city, Tartu. ...
  • ’Force is only language unders...
    Force is the only language understood by Russian President Vladimir Putin, Estonia...
  • Russia ban on Latvia exports n...
    Russia's ban on Latvian powdered milk and fish exports is not politically moti...
  • Six buyers put forward for Lie...
    Six investors have submitted bids to buy the insolvent metallurgical company Li...
  • Lithuania urges citizens to le...
    Lithuania's Ministry of Foreign Affairs has urged its citizens to leav...
  • Pro Ukraine forces: No Estonia...
    Pro Ukrainian forces fighting in the east of the country have denied reports Es...
  • Riga Apartments for Rent

    Maximus
    © 2014 BALTIC NEWS LTD. All Rights Reserved.