Dividends should be taxed only in the country where the income is earned

29-04-2011
The European Commission is running a consultation regarding taxation problems, when dividends are distributed across different countries. We have submitted our answers to the Commission, proposing to tax dividends only in the country where the income is earned.

The real estate tax is based on emotions

19-04-2011
LFMI's President R. Vainienė read a commentary on the Lithuanian Radio regarding the arguments for the real estate tax. There are no logical arguments to support the tax, there are only emotional arguments, and they are not a good basis for the tax.

Financial sector tax – it's just another tax and it will not help to prevent crisis

18-04-2011
The European Commission is running a consultation regarding the initiative to introduce a new tax for the financial sector. In our opinion, the tax is not grounded, it would reduce the EU's competitiveness in the financial sector, would promote the outflow of capital to other regions and would not reduce excessive risk taking. The most appropriate way to solve the problem of excessively risky behaviour is to end the support from the taxpayers' pockets, so the responsibility for risky behaviour would fall on the shoulders of the financial institutions.