A Competitive Flat Tax Spreads to Lithuania
On June 7, 2005, Lithuania's Parliament approved a major reduction in the country's personal income tax law, cutting the 33% flat rate on wages and salaries to 27% from July 1, 2006, and to 24% from January 1, 2008.
November 2, 2005 via russianeconomy.org via Hoover Daily Report
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A Competitive Flat Tax Spreads to Lithuania