THE VOICE OF INTERNATIONAL LITHUANIA
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12-04-2011
We carried out a review of the use of EU structural funds in Lithuania and we concluded that even though Lithuania is one of the countries that absorb EU funds at the quickest pace, the set schedule is still not kept. It is necessary to think right now about the redistribution of EU funds in order to not only absorb them in time, but to get the maximum effect.
We suggest to simplify the accounting and administration of taxes on income from labour
07-04-2011
As the Parliament is getting ready to consider the guidelines for the reform of social insurance and pension system, among which is the aim to improve the administration of social security (Sodra), LFMI proposes to simplify the accounting and administration of taxes on income from labour (paying and declaring of the tax) by making the bases of income taxes uniform. LFMI suggests doing that together with the government’s plan to give the administration of social insurance payments to the State Tax Inspectorate.
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