Seima committee approves of social security tax ceiling

  • 2018-06-28
  • BNS/TBT Staff
The Lithuanian parliament's (Seima) Committee on Social Affairs and Labor on June 20 approved of a ceiling on employees' contributions to the state social insurance fund Sodra, back-pedaling on a decision to oppose the measure it took last week.  Thus, a compromise has been found between the government's proposal to introduce a social security tax ceiling and calls for raising the personal income tax rate on income above that ceiling.   The committee's vote came after the parliament's Committee on Budget and Finance earlier...
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