GovernmentProposals

Lithuanian ministry proposes funding defense via corporate, insurance, excise tax hikes

The Lithuanian Finance Ministry on Tuesday proposed to raise additional funds for defense by increasing the corporate tax rate by one percentage point, hiking excise duty on fuel, and introducing [..]

Latvia’s government’s tax policy proposals threaten existence of several industries – business organization

The tax policy proposals for 2024-2026 supported by the new government threaten the ability of several industries not only to compete, but also to exist, according to a statement released [..]