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Aware: 02/25/2021 05:45 AM
President Gitan Nausda. Photo by Vladimir Ivanovo (V)
President Gitan Nausda has decided not to wait for the final presentation of the expert working group convened by the Ministry of Finance. Along with other bills, he plans to submit amendments to the Income Tax Act to the Seimas in the spring, hoping that they will be adopted this year and take effect starting in 2022. The government plans to make changes only starting of 2023.
The amendment to the Income Tax Law aims to encourage companies to hire more employees and increase labor taxes. G. The idea is that the company, which has a labor tax fund, spends more than a year …
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