Šimonytė: part of the tax benefits could not be in 2023



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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, then they can only be submitted to the autumn session and, if successful, adopted before the end of the year, and possibly even in the spring session. next year, “Šimonytė told a news conference on Wednesday.

“Given that the reforms to the tax laws should not be adopted as they were in the previous legislature, that is, on the eve of the year, and in no way as if they were budgeted, it would be entirely logical that even if they were adopted this year they would enter into valid from 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.

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