| Abstract [eng] |
Assessment of the Possibility of Taxation of Individual Activity with Personal Income Tax in Lithuania Taxation of individual activities with personal income tax is one of the forms of taxation of personal income. The number of persons carrying out individual activities, both in the form of individual activities according to the certificate and in the form of acquiring a business license, is constantly increasing in the Republic of Lithuania. Accordingly, the taxation of individual activities with personal income tax in Lithuania is very relevant and requires a detailed assessment from both a theoretical and practical point of view. The object of the master's thesis is the assessment of personal activity taxation with personal income tax in Lithuania. Accordingly, the work examines the concept of individual activity itself, forms of individual activity and restrictions applied to forms of individual activity. The procedure of taxation of different forms of individual activity with personal income tax, the procedure of calculation of income received from individual activity with personal income tax in Lithuania and allowed deductions are also discussed. In addition, the issue of personal income taxation in Lithuania is analyzed. The first part of the work examines the concept of individual activity, distinguishes the types of individual activity and restrictions applied to the performance of individual activity. The second part of the master's thesis presents the procedures for taxation of individual activities on the basis of a certificate and individual activities after obtaining a business license with personal income tax in Lithuania, the procedure for calculating personal income with personal income tax in Lithuania and allowable deductions. The third part of the work presents the problematic aspects of the recognition of individual activity income for personal income tax purposes and evaluates the positive and negative aspects of taxation of different individual activities. |
