Will Lithuania Reclaim Its Own Business Tax Model?
The recent parliamentary elections in Lithuania have sparked hope that after 18 years the country will revisit its decision to give up a zero-tax rate on reinvested profits, a regime that gave an immense impetus to the country’s investment and economic growth while in effect from 1997 until 2002. Lithuania’s new coalition government comprised of the conservative Homeland Union-Christian Democrats, the Freedom Party, and the Lithuanian Liberal Movement has put this reform option back on Lithuania’s agenda. More
