The analysis of tax burden dynamics in Lithuania and Europe Union states

Research output: Chapter in Book/Report/Conference proceedingConference contribution

Abstract

The article deals with the analysis of the dynamics of tax burden in Lithuania from 1995 to 2011 compared with the EU tax burden. Similarities and differences of tax systems both in Lithuania and other countries as well as our state tax policy tendencies are provided in the article.The most taxed fields are estimated and tax burden tendency and possibilities of decreasing them are foreseen by analyzing and comparing tax burden rate, tax rates, tax revenue and related problems in Lithuania.The analysis of Lithuania and the EU economic conditions reveals that despite the fact that Lithuania is a rapidly developing country,but it is not a country with high and stable economic conditions. According to the data of the analysis, both in the past and nowadays, Lithuanian tax system requires some reform- it is not low-income tax that appears to be the cause of low tax rates, but great informal ”shadow” economy and tax evasion, too big taxation. Having simplified administrative procedures,Lithuania could become an attractive country to foreign investors.
Original languageEnglish
Title of host publicationPractice and research in private and public sector - 2013
Subtitle of host publication3rd international scientific conference
Place of PublicationVilnius
PublisherMykolas Romeris University
Pages345-354
Number of pages10
Publication statusPublished - 2013
EventPractice and research in private and public sector : international scientific conference - Mykolas Romeris University, Vilnius, Lithuania
Duration: Apr 11 2013Apr 12 2013
Conference number: 3

Conference

ConferencePractice and research in private and public sector
CountryLithuania
CityVilnius
Period4/11/134/12/13

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Keywords

  • Tax burden
  • Tax system
  • Tax rate

Cite this

Deimantaitė-Gedmintienė, D., & Visockaitė, A. (2013). The analysis of tax burden dynamics in Lithuania and Europe Union states. In Practice and research in private and public sector - 2013: 3rd international scientific conference (pp. 345-354). Vilnius: Mykolas Romeris University.