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.
Right before Christmas the European Commission (EC) presented a directive proposal targeting the profits of large multinational companies. The new…
Inflation is often referred to as a tax, imposed without parliamentary approval, without legislation and without considering the consequences. Today’s…
OECD corporate tax initiative and the forthcoming EU directive will change the mode of tax competition among countries. What will…
The Ministry of Finance has undertaken a systematic review of tax benefits. This job will not be easy, but it…
The Lithuanian Free Market Institute (LFMI) announces the celebration of Tax Freedom Day on Tuesday in Lithuania. The fact that…
The opportunity for all companies to invest their profits in technological innovation would enable a direct, fast transformation and allow…
Claude, „The Embarkation of Saint Paula“, 1639, Museo del Prado. The transition to the taxation of…
To honor this day, LFMI published analysis “The Regulatory Burden. Reducing Paperwork Not Only On Paper” (Lith.) which looks into government initiatives…
by Ieva Valeskaite and Karolina Mickute, Lithuanian Free Market Institute On May 11th, Lithuania celebrated its second National Respect for…
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,…
Thank you for subscribing!
