Lithuania: discussion on the lowering of taxes and social contributions

This week, politicians, entrepreneurs and trade union representatives are discussing the issue of employers' social contributions in the Lithuanian Parliament. (Ref. 061019)
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The initiator of the discussion, the vice-speaker of the Lithuanian Parliament, Mr Gintaras Steponavičius (member of the Liberal Movement faction) claims that this multilateral congregation is the result statement made last June by the most influent business and trade union organisations, which urged the government and parliamentarian parties to significantly reform the country’s tax policies. The statement suggested to lower the flat income-tax rate to 20 percent by 2008 (currently 33%), and t

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