Republic of Lithuania: Selected Issues

July 9, 2010

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Republic of Lithuania: Selected Issues, (USA: International Monetary Fund, 2010) accessed November 21, 2024

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.

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

Keywords: Baltics, CR, Credit, Credit boom, Credit-less recovery, Europe, Global, IMF staff calculation, Income, Income and capital gains taxes, Inflation, ISCR, Lithuania, Personal income, Revenue, Statistics Lithuania, ULC relative

Publication Details

Pages:

36
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2010/202
Stock No:

1LTUEA2010002
ISBN:

9781455203802
ISSN:

1934-7685

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