Orlen Lietuva paid the highest amount of taxes to the Lithuanian State Tax Inspectorate (STI) in the first half of this year, the Verslo Zinios news portal reports on Wednesday citing data from the tax authority.
The Lithuanian oil import and refining subsidiary of Poland’s oil group Orlen paid 286.2 million euros to the STI in the reporting period, up 9.1 percent from the year-earlier figure of 262.3 million euros.
Okseta, a petroleum products wholesaler and real estate rental company, ranked second after paying 162.3 million euros in taxes (up by 5.3 percent) and was followed by the Circle K Lietuva chain of fuel stations with 136.7 million euros (up by 27.3 percent) in the third place.
Philip Morris Baltic, a tobacco product producer, was fourth after paying 124.2 million euros (up by 9.7 percent) in taxes while Sanitex, a Kaunas-based wholesale and logistics company, ranked fifth with 111.5 million euros (up by 9.8 percent).
The largest share of taxes – 34 percent of the total – was paid to the state’s coffers by wholesale and retail trade companies, many of which are also sellers of excise goods and payers of excise duties.
Excluding VAT and excise duties, Swedbank emerged as the biggest corporate taxpayer with 90.3 million euros (up by 138 percent) paid to the country’s budget in the first half of the year, followed by SEB Bankas with 77.3 million euros (up by 121 percent).
Source: BNS
(Reproduction of BNS information in mass media and other websites without written consent of BNS is prohibited.)