'Lithuania exhibits the fifth lowest total tax burden (including social contributions) in the EU (30.3 % of the GDP against an EU-27 average of 37 %).‘ – reports Eurostat.

In 2008, Lithuania had the second lowest tax rate on capital (12.4 %) just after Estonia (10.7 %), with the EU-27 average being 26.1 %.
Taxes on consumption and labour being 17.5 % and 33 % in Lithuania were also lower than the EU-27 averages of 21.5 % and 34.2 % respectively.

Lithuania‘s personal income tax rate was also the second lowest in the EU-27, being 15 %, after 10 % in Bulgaria, and compared to the EU-27 average of 37.5 % in 2010. It is as well one of the major drops (-18 %) over the period from 2000 to 2010.

What is more, in Lithuania the tax on corporate income is 15 % for 2010, being the fourth lowest in the EU-27 and far from the EU average of 23.2 %.

                                                                                            Cecilia Helland