EU’s tax ruling against Apple may help Lithuania attract more investors

  • 2016-09-07
  • BNS/TBT Staff
The European Commission’s ruling that the US technology giant Apple must pay a record 13 billion euros in back taxes in Ireland may have indirect effects for Lithuania, which is striving to attract as much investment as possible. On one hand, Brussels’ decision may curb countries with foreign investor-friendly tax systems and prompt investors to turn their sights toward other EU member states, including Lithuania. On the other hand, a breakthrough is unlikely, given that the Lithuanian State Tax Inspectorate (VMI) is rather conservative in its interpretation of...
The article you requested can be accessed only by subscribing to the online version of The Baltic Times. If you are already subscribed to The Baltic Times, please authorize yourself.

In case you don't have a subscription yet - please visit our SUBSCRIPTION section