VAT

Economy min predicts VAT will not be raised to boost defence funding

Minister of the Economy and Innovation Aušrinė Armonaitė says the value added tax (TAX) rate should not be raised in order to increase defence funding.

Nausėda rejects idea of higher VAT as source of defence funding

President Gitanas Nausėda rejects the proposal that value added tax ( VAT ) would be raised to fund Lithuania ’s defence needs. He suggests taxing...

Raising corporate tax on big business may become a must-do – SocDem leader

Raising corporate tax for large businesses could be a solution to finance defence needs, says Social Democratic Party leader Vilija Blinkevičiūtė,...

Thirteen electric buses join Klaipėda’s public transport fleet

Klaipėda Municipality has procured 13 electric buses, which will replace old diesel-powered buses in mid-December.

ESO suggests refunding households for overpaid bills until 2027

Lithuania ’s electricity and natural gas distributor Energijos skirstymo operatorius ( ESO ) announces it will refund EUR 156 million in electricity...