New EU tax regulations affecting digital business
On 21 March 2018 the Commission proposed 2 Council Directives addressing the taxation of digital businesses. Purpose. One dealing with setting up...
Read moreMokesčių planuotojų veiklos pabaiga?
2018 m. gegužės 25 d. Europos Taryba priėmė taisykles ir direktyvos pakeitimus, kurie nukreipti prieš agresyvias mokesčių planavimo schemas. Šį...
Read moreBaudos už neteisėtą praturtėjimą didės nuo 2 iki 10 kartų
Seimas priėmė prezidentės pasiūlytas LR Mokesčių administravimo įstatymo (MAĮ) pataisas, pagal kurias mokesčių mokėtojams, kurie negali pagrįsti...
Read moreMultilateral BEPS Convention will enter into force at 1 July 2018
OECD recently reported that the Multilateral Convention to Implement Tax Treaty Related Measures to Prevent BEPS will enter into force on 1 July...
Read moreEuropean Commission proposed new VAT rules
On 18 January 2018 the European Commission published 2 proposals for new VAT rules. One proposal is related to VAT rates, i.e. EU member states...
Read moreEU adopts list of non-cooperative jurisdictions for tax purposes
ECOFIN has established list of 17 non-cooperative jurisdictions that includes such countries like Bahrain, Dominica, US Virgin Islands, etc. The...
Read moreAdvantages of the Lithuanian corporate tax system
On 21 September 2017 Attorney at Law Arūnas Šidlauskas took part in conference in Riga where he delivered presentation on advantages of the...
Read moreRestrictions on use and promotion of alcohol
LEGAL ALERT Starting 1 January 2018, the following restrictions shall apply: Persons up to 20 years of age are not allowed to buy, hold and...
Read moreKey changes in Lithuania
2017 tax rates at glance Corporate income tax rate 15%, 5% Personal income tax rate is 15% Social tax rate is as follows: Employee’s liability is...
Read moreGet up to EUR 200,000 for work remuneration
In order to increase occupancy of persons who have difficulties to find a job and motivate employers to create more jobs, Invega has started to...
Read moreAmendments of Articles of Association due to euro adoption
Public and private limited liability companies have to amend their Articles of Association within 2 (two) years from euro adoption, e.g. until 31...
Read moreEuropean Commission is makeing a list of non-cooperative tax jurisdictions
On 15 September 2016 the European Commission announced its plan to draw up a pan-EU list of non-cooperative tax jurisdictions until the end of...
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