The Lithuanian Employers’ Confederation has stated that proposed tax changes in Lithuania will only be effective if the value-added tax (VAT) is not increased. They argue that increasing VAT would harm businesses and consumers, and that other tax reforms should be considered instead. The organization is calling for a comprehensive review of the tax system to ensure that it is fair and efficient.
Source: baltictimes.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
