Metinė prenumerata tik 6,99 Eur. Juodai geras pasiūlymas
Išbandyti
2013 07 16

Lithuania’s construction industry wants tax exemptions

Introduction of tax incentives for construction companies could curb local labor force emigration, Dalius Gedvilas, new president of the Lithuanian Builders Association, believes.
Vilniaus aplinkkelio statybos darbai
Construction / Andriaus Repšio nuotr.

In particular, the builders want a tax exemption on reinvested profits.

“If the authorities applied tax incentives to building companies, this might help prevent local labor force emigration. We are not talking about traditional tax breaks. We urge to exempt reinvested profit from tax,” Gedvilas said in an interview to the Lietuvos Žinios daily.

Report mistake

Successfully sent

Thank you

Economy

Lithuanian producers of EPS on the way to circular economy
Gilužio Rivjera by the real estate company Homa – hundreds of apartments and millions in investment
Capitalica fund successfully issued bonds amounting to EUR 5 million to finance the Verde project in Riga

Feature

State Progress Strategy 'Lithuania 2050': will Lithuania become the 'Silicon Valley' of social enterprise?
Citus Experts: Planning to Furbish or Brush Up your Home Interior? Get Ready for a Brutal Run
How do the country's most desirable employers nurture IT talents?

Opinion

Ramūnas Vilpišauskas. The president’s achievements in Brussels were modest
Laurynas Jonavičius. Will the new German government’s foreign policy coincide with Lithuanian interests?
Eastern Partnership ‘beyond westlessness’: a new momentum for the European integration

Politics

Taiwanese Minister Ming-hsin Kung – about Lithuania’s strengths and the two countries’ looming plans
The double standards of “values-based policy”: Lithuania did not join the condemnation of Turkey
Behind the scenes of ambassadorial appointments: Seimas looking for clarification on continuing questioning at the Presidential Palace