| Abstract [eng] |
Personal Tax Income Improvement Opportunities in Lithuania. The main purpose of the Master thesis – determine the possibilities for improvement of the personal tax income in Lithuania in the context of a progressive model based on the taxation models applied by other countries. The thesis analyzed the personal income tax from a theoretical point of view together with developing a methodology for investigating the progressive model of personal income tax in order to achieve this goal. Moreover, the thesis revealed the determination of the Lithuania tax base which is dedicated to the study of the progressive model. Also, paper attempts to analyze and adapt the taxation model of other countries in Lithuania along with an assessment of the possibilities to improve personal income tax collection in Lithuania based on customized tax models in other countries. As a result, the research showed that most of the tax revenue to the Lithuanian state budget could be collected by an adapted Danish tax model. However, in order for such a model to be properly applied in Lithuania additional preferences, exemptions and different social strata of the population should also, be taken into account. In order to improve personal income tax of Lithuania would be beneficial to take more attention to different tax rates applied for different income earners and to review the preferences applied for families with children. |
