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Tax Reform: Modest Benefits to the Budget, but Huge Risks to Economic Growth - Verslo žInios

Summary by vz.lt
The progressive taxation of higher incomes, legalized by the Seimas, will encourage some residents to seek individual schemes that would reduce the tax burden in a way that the State Tax Inspectorate does not detect aggressive tax planning. Both tax consultants and tax inspectors will have work.
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The progressive taxation of higher incomes, legalized by the Seimas, will encourage some residents to seek individual schemes that would reduce the tax burden in a way that the State Tax Inspectorate does not detect aggressive tax planning. Both tax consultants and tax inspectors will have work.

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vz.lt broke the news in on Thursday, July 3, 2025.
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