IMF Staff Country Reports

Republic of Lithuania: Selected Issues

Publication Date:

July 9, 2010

Electronic Access:

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Summary:

In Lithuania, the case for complementing the on going fiscal adjustment with revenue measures is strong. In addition to supporting the adjustment, options to raise revenue need to be tailored to enhance growth and export competitiveness. International and empirical evidence suggest important scope for revenue-enhancing tax reforms in Lithuania. Lithuania is in a position to rebalance growth towards exports. Executive Directors suggest a broad tax reform strategy that could raise revenue and tax new revenue sources while supporting growth, competitiveness, and equity to substantially bolster revenues.

Series:

Country Report No. 2010/202

Subject:

Credit Income Income and capital gains taxes Money National accounts Personal income Revenue administration Taxes