Lithuania's taxation system is conducive to social inequality with a disproportionate burden falling on labour income, and taxes on capital half that of the European Union average, according to leading economists.
Tax incentives
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A screening of The Midwife at the Embassy of Finland in Vilnius this past Friday saw members of the Finnish community in Lithuania come together. The film, that was mostly shot in Lithuania, is set in Finland during the Lapland war with the Nazi’s and was the first to receive a tax credit here.
The first screening of the BBC’s War & Peace in Vilnius this Saturday saw some of the heavy hitters of the Lithuanian film and culture industry mingle with the British BBC crew. With the BBC having shot this major production in Lithuania and the implementation of new tax incentives, the country’s fi...