Lithuanian Seimas enacts amendments to Personal income tax (PIT) law.
Among the welcome improvements is lowering of PIT for most common transactions. Since 2014, dividends and royalties to management and...
In addition of being a member of WTO, EU, NATO, EMU and OECD, one of the reasons why Estonia has been successful in having steady economic growth despite the financial crisis - with a favorable expectation for...
The Estonian Ministry of Finance has been initiated draft Value-Added Tax Act. Planned changes foresee that upon purchase or use under an operational lease for...
On November 6, 2013 in Saeima in the second reading shall be considered Draft law on Amendments to the Micro-enterprise Tax Law.
Amendments establish that...
Because of the free movement of labour, goods and services tax information is needed around the European Union. As European Union does not have a uniform...
Tax system of Estonia consists of national taxes and local taxes. National taxes are income tax, social tax, land tax etc.
According to Estonian Income Tax Act income tax is paid by natural persons and non-resident legal persons who...
A number of EU Member States, including Latvia, have agreed within the EU VAT forum to commence a test case process for private VAT rulings relating to cross...
A recent ruling of the Supreme Court of Estonia concerns liability of management board members. In order to become liable, a management board member...
On may 14th, the 27 Ministers of Economy of the Member States of the European Union, were gathered in Brussels in the Ecofin Meeting.
On the agenda of the meeting, one point has been the...
Lithuanian law on tax administration introduced a new requirement which is significant to investors doing Business in Lithuania. Article 421of law on tax...
Estonian Black Economy will be under scrutiny by the decision given by the Tax and Customs Board for period 2013-2016. TBC’s decision was approved by the Finance Minister for...