Prime Minister Saulius Skvernelis expects laws on the continuing tax reform to be passed by the parliament by July and to take effect in early 2019.
According to Skvernelis, the reform will include an overhaul of second-pillar pension systems and amendments aimed at reducing the tax burden “both on labor and the overall (tax burden), because we have both to be competitive and to increase people’s income”. (BNN/Business World Magazine)
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