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Taxes for Lithuanians with lower income may decrease
BC, Vilnius, 30.04.2013.
Print version
Print versionSetting ceiling to the contributions to the State Social Insurance Fund Board (SoDra), merging compulsory health insurance with the personal income tax, changes in the tax free threshold (NPD) so that taxes for people with lower income would decrease – this is what the working group, responsible for a tax reform, and formed by the Government suggests, Prime Minister Algirdas Butkevicius' advisor Stasys Jakeliunas said, reports LETA/ELTA.
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Jakeliunas on Tuesday morning told the reporters at the Government that he understood very well that the proposal of putting ceiling to the SoDra contributions might not be welcomed by the current Government.
However, the expert says that the introduction of this kind of ceiling could prompt more large companies to operate in Lithuania.
The PM's advisor admitted that all proposals by the working group could cost over a billion of litas (EUR 290 million) to the state budget.
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