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Finance Ministry blocks bid to raise Lithuania's gambling and lottery taxes

1 min readwww.yogonet.com ↗
Finance Ministry blocks bid to raise Lithuania's gambling and lottery taxes

Lithuania's Finance Ministry has blocked a Farmers and Greens Union proposal that would have raised the gambling license tax from 22% to 30% and the lottery tax from 18% to 25%, with Deputy Januš Kizenevič calling the increase disproportionate to operators already funding the country's regulatory o…

Lithuania's Finance Ministry has blocked a Farmers and Greens Union proposal that would have raised the gambling license tax from 22% to 30% and the lottery tax from 18% to 25%, with Deputy Januš Kizenevič calling the increase disproportionate to operators already funding the country's regulatory overhaul. Kizenevič declined to forward the proposal to the Seimas for review. He said...