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Lithuania Considering Further Increase in Corporate Tax Rate

|Proposed Changes|Lithuania
Lithuania

The Lithuanian government is reportedly considering certain tax reforms to increase revenue to finance the country's State Defense Fund. This includes a further increase in the corporate tax rate by one to two percentage points from 16% to 17% or 18%. The rate was recently increased from 15% to 16% from 1 January 2025. Additional details on the potential tax reforms will be published once available.

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