LFMI

A second initiative to collect signatures to support a petition calling for an unconditional, universal basic income (UBI) for all citizens in the European Union (EU) has ended. The required one million signatures were never reached. Why?

After months of debate, in late 2022, the Lithuanian Parliament passed into law a package of legislative amendments that reforms Lithuania\'s migration system. The reform creates more favorable conditions for the recruitment of non-EU nationals.

Elena Leontjeva, the co-founder and President of the Lithuanian Free Market Institute (LFMI), is named the recipient of Sir Antony Fisher Achievement Award. Leontjeva has been honoured for her lifetime of service to the liberty movement by Atlas Network.

The directive imposing a pan-EU 15 percent minimum effective corporate income tax on large companies, would, according to the European Commission, address tax challenges caused by digitalization and ensure that companies pay “their fair share of tax.”

One of the debates which has intensified recently is to what extent is lax monetary policy causing the increase in the price inflation.

The 20th anniversary of the euro was marked by an increase in price inflation. In the euro area, annual consumer price inflation reached 5% in December 2021. Lithuania recorded the highest rate of 11%.

On the May 11, Lithuania celebrates The Day of Respect for the Taxpayers. On this occasion, the Lithuanian Free Market Institute (LFMI) stresses that a public sector that serves its citizens and creates value is an expression of respect for taxpayers.

The European Union is debating a directive that would place a minimum effective corporate income tax (CIT) of 15 percent on large-scale company groups. The directive is expected to address tax challenges caused by digitalization.

At the end of 2021, the European Commission (the EC) released a \"Proposal for a council directive on ensuring a global minimum level of taxation for multinational groups in the Union\".

Keeping you updated on the stances of CEE governments on the Russian invasion in Ukraine.