In October 2016, IME together with FNF launched “My taxes” – a specialized online personal tax calculator, which can be accessed at the kolkodavam.bg website. The name “kolkodavam.bg” translates to “How much do I give?”. We are happy to announce that the website is already available in English.
Lithuania’s level of economic freedom has been steadily improving. The country has jumped up by two positions and ranked 13th in the world in the 2015 edition of the Index of Economic Freedom. The index is compiled by the Heritage Foundation in partnership with The Wall Street Journal.
Compared to the previous year, tax burden was on the rise – the average European employee pays more than 45% of income in taxes.