We assess the strengths and weaknesses of the tax system and formulate solutions. We emphasize that it is impossible to fundamentally reform a tax system that is entangled with concessions, privileges, and exemptions without returning to the fundamental principles of the tax system: efficiency, proportionality, neutrality, simplicity, transparency, and stability.
We have contributed to the recognition by the OECD and EU institutions of the need to simplify minimum profit tax rules. We seek to ensure that international tax competition is not replaced by a tax cartel of states.
The European Commission (EC) has prepared a Roadmap for more efficient law-making in the field of taxation: identification of areas…
Recently, income inequality has become a widely discussed topic. Increasingly more people, politicians and scholars believe that inequality is a…
The competitiveness of a country’s tax system is instrumental in creating a favourable environment for foreign direct investment, stimulating business,…
While increasing public health and reducing the incidence of smoking should be a priority, we believe that taxation of traditional…
Instead of comprehensive re-examination of the Energy Taxation Directive, the European Commission is examining whether ETD should continue the exemptions…
Lithuania consolidates the employer and employee base for social security contributions, introduces a cap on social security contributions, phases out…
May 23rd, 2018 – the symbolic Tax Freedom Day, marking the day when an average taxpayer has paid all the…
Today Lithuania commemorates the first Respect for Taxpayers Day. To mark the occasion, the Lithuanian Free Market Institute launches The…
Žilvinas Šilėnas delivers a speech on Lithuania’s transition to the market economy with a focus on flat tax rates and…
With several policy proposals on introducing a progressive taxation model put on the table, the upcoming parliamentary session in Lithuania…
The Lithuanian Free Market Institute has examined draft amendments to the Law on Personal Income Tax aimed at introducing a…
The Respect for Taxpayers Day becomes an official commemorative day in Lithuania to be celebrated on the 11th of May.…
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