International Internet Magazine. Baltic States news & analytics
Saturday, 14.12.2019, 18:53
Lithuania managed to improve VAT collection in 2014-2016 but the so-called "VAT Gap" (the difference between the expected VAT revenue and the amount actually collected) stood at around 25% and was one of the highest in the EU, reported LETA/BNS.
Keyword tags: Analytics, EU – Baltic States, Financial Services, Lithuania, Taxation
The Public Utilities Commission’s (SPRK) council has approved the new tariffs submitted by Gaso natural gas distribution system operator, said SPRK spokeswoman Ieva Bethere.
A fifth of Estonian residents who until now have stayed away from business activity wish to become entrepreneurs in the next five years, hoping to have greater flexibility in organizing their work life as well as self-realization and independence from an employer, it appears from a financial monitoring report by pollster Kantar Emor, citing LETA/BNS.
The share of traffic accidents caused by drivers of uninsured automobiles increased in Riga last year, the Motor Insurers' Bureau of Latvia told LETA.
Opiku Majad OU, a subsidiary of Mainor Ulemiste, has entered into a 10.7 million euro credit agreement with the Estonian branch of OP Corporate Bank Plc, which will be used to refinance the existing loan from Nordea Pank and finance the construction of the new Lurich buildings in the Ulemiste City business district., informed LETA/BNS,
The government on Tuesday agreed that supervision of the Office for Prevention of Laundering of Proceeds Derived from Criminal Activity (Control Service) would now be done by the Cabinet of Ministers through the Interior Ministry, and the capacity of the Control Service would be increased, as Finance Minister Dana Reizniece-Ozola (Greens/Farmers) told reporters.
Kormotech, a leading Ukrainian pet food manufacturer, plans to build a new production facility in the central Lithuanian town of Kedainiai, Invest Lithuania said.