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Every one of us pays taxes daily and yet only a few could tell how much exactly they pay in taxes per month or per year. The Lithuanian Free Market Institute (LFMI) launched a new tax calculator “Moku mokesčius” (“I Pay the Taxes”),...
The “Flat Tax Era” in Slovakia came to a definite end on 1st January 2013. Corporate tax rate of 23% (highest in the whole Central and East European Countries region by the way) became valid instead of the 19% rate. This was considered...
During the global financial crisis, public pensions in Lithuania were cut to reduce further strain on the government budget. The Lithuanian government is now considering backpaying these pensions. Possible sources of public pension offset are...
The annual price of the state for Slovakia increased by EUR 107 (2.2%) and reached EUR 4,811 per citizen. The Receipt has been distributed by Slovak major opinion making daily SME in late March, just prior to submission deadline for the tax...
The right to private property is a prerequisite for independence, self-sufficiency, self confidence and, rather coincidentally, good citizenship. Free markets and a political system based on classical liberal ideas are an essential framework...
European Commission released a short clip titled “Missing Part” showing how tax fraud and tax evasion affect lives of European citizens and communities. It says one fifth of public money in Europe is lost to tax fraud and tax evasion and...
Lithuanian Free Market Institute (LFMI) introduces a new periodical publication “Lithuanian Shadow Economy“. The publication provides data about shadow economy in Lithuania and more specific data and insights in alcohol, fuel and cigarette...
