Contributed to The Inward Investment and International Taxation Review

Ssenior associate Mantas Juozaitis and associate Edvinas Lenkauskas have contributed to the fifth edition of The Inward Investment and International Taxation Review published by Law Business Research Ltd. in London.

The authors provide an overview of the overall Lithuanian taxation system in the chapter. In the overview they note that despite the many recent tax legislation changes which has had the effect of making the country more attractive to investors, some worrying taxpayer’s initiatives have been introduced. For example, there are proposals to introduce progressive taxation and change personal income tax relief on capital gains on financial instrument transfers that do not exceed a value of 10,000 litas (2896 euros).

Experience