FACTOID # 1: Don't start a company in Australia. More than 20% of the tax collected in Australia is corporate income tax.
 
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Europe > Lithuania > Taxation

LITHUANIAN TAXATION STATS:   Top Stats   All Stats  
View this page with:    Just Stats   Sources   Definitions   Both  
Other taxes > current LCU 25400000 ...
Social contributions > % of revenue 30.5 % ... [23rd of 78]
Social contributions > current LCU 6449800000 ...
Tax Freedom Day > % Burden 34 % [9th of 13]
Tax Freedom Day > Date of Year 5 May
Tax Freedom Day > Day of Year 125 [11th of 15]
Tax Freedom Day > Source that calculates it
Lithuanian Free Market Institute
Tax payments > number 13 ... [150th of 171]
Tax rates > % of managers surveyed ranking this as a major business constraint 40.69 % ... [9th of 39]
Tax revenue > % of GDP 17.5 % ... [37th of 98]
Tax revenue > current LCU 12437600000 ...
Taxes on goods and services > % of revenue 36.15 % ... [27th of 98]
Taxes on goods and services > % value added of industry and services 12.64 % ... [26th of 89]
Taxes on goods and services > current LCU 7644600000 ...
Taxes on income, profits and capital gains > % of revenue 22.54 % ... [27th of 98]
Taxes on income, profits and capital gains > % of total taxes 38.33 % ... [26th of 98]
Taxes on income, profits and capital gains > current LCU 4767600000 ...
Taxes on international trade > % of revenue 0.45 % ... [75th of 86]
Taxes on international trade > current LCU 81400000 ...
Total tax rate > % of profit 48.4 % ... [72nd of 171]

... View all Taxation stats

SOURCES: World Development Indicators database; Wikipedia: Tax Freedom Day

ALTERNATIVE NAMES: Lithuania, Republic of Lithuania, Lietuvos Respublika, Lietuva

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COMMENTARY     

Darius (Lithuania, Vilnius)
29th January 2008 		Highest marginal tax rate in Lithuania, individual rate > % 33 % was in 2006, now it is 24 %.

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