Laptop
Economy

Internet entrepreneurs misleading the authorities

The State Tax Inspectorate (hereinafter referred to as the STI) hereby informs that the operational analysis of Lithuanian residents who trade in online marketplaces and offer services on sharing economy platforms, which has been carried out by the Bussines in Electronic Area and By Electronic Means Control Division, revealed more than 1.5 million of undeclared income. It is an interesting fact that some people who use electronic means for business purposes not only “forget” the income they have received, but also try to hide their mistakes from the tax administrator in the most unusual ways, for example, by editing or completely deleting parts of publicly available information. […]

No Picture
Economy

Lithuania’s 2019 budget to get around EUR 200 mln “out of shadow”, finmin says

Lithuania’s government plans to collect around 200 million euros in revenue from the shadow economy next year, the finance minister says. […]

NSGK meeting
Politics

Nine key findings of Seimas committee’s influence probe

The Lithuanian parliament’s Committee on National Security and Defense (NSGK) completed on Wednesday its investigation into business and interest groups’ influence on political processes and decision-makers. […]

Raimondas Kurlianskis and Tomas Dapkus
CORPORATE

A spider’s web none dared touch for a decade: how MG Baltic aimed to conquer the country

A copy of the State Security Department (VSD) report to the National Security and Defence Committee (NSGK) Delfi has obtained reveals in what ways the MG Baltic group aimed to influence state institutions, politicians and […]

Central Electoral Comission
Politics

President: “All shadows” in election watchdog’s work must be cleared

Lithuania’s President Dalia Grybauskaitė says that “all shadows” concerning the performance of the Central Electoral Commission (VRK) have to be eliminated. […]