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According to her, the goal of adopting amendments to the government’s program action plan this year does not interfere with the plan for the amendments to take effect in 2023.
“If the Government agrees, agrees with certain proposals that will be presented to the Seimas, they can only be presented to the fall session and, if they are successful, they can be adopted before the end of the year, and maybe even at the spring session next year. ” I. Šimonytė said on Wednesday.
“In accordance with the fact that the changes to the tax legislation should not be adopted as in the previous legislature, that is, on the eve of the year and in whatever way they are budgeted, it would be entirely logical that even if they were adopted this year, they would come into force in 2023. years ”, confirmed the Head of Government.
The government program implementation plan contemplates the preparation of legal acts in the third quarter of this year, “establishing the waiver of ineffective, undefined and distorting tax benefits.
At the meeting of the task force for the review of tax benefits in February, Finance Minister Gintarė Skaistė said that the state budget does not receive around 2.2 billion LTL per year due to tax benefits. However, it is not planned to give up most of them, so there will be discussions about benefits worth around 790 million euros. euros.
It is planned to review the reinvestment of profits, the promotion of the green exchange rate, the reduction of income inequality, special tax conditions and benefits, investment instruments and long-term savings and the strengthening of the financial autonomy of the municipality.
The minister said that fiscal decisions are likely to be made next year and come into effect from 2023.
