| Abstract [eng] |
Analysis and Evaluation of Lithuanian Tax System This final masters degree thesis looks into Lithuanian tax system evaluation. Paper explains importance of a tax system and its value to our country functions. Futhermore, it talks about tax functions and aim. Paper also consist of a discussion about Lithuanian tax system, types of taxes and tax system evaluation methods. Each country tries to create such a tax system which would encourage the growth of national economy and assure the necessary income. The following assessment methods are most widely discussed and used in the scientific literature: assessment of the tax system according to classical taxation principles, V. Tanzi qualification diagnostic indicators and J. S. B. Gill method. After a detailed analysis of the indicators of the tax system evaluation methods and taking into account the availability of data, the analysis and evaluation of the Lithuanian tax system was performed according to the established methodology. The period of 2008-2018 was chosen for the analysis and evaluation. Summarizing the analysis and assessment of the Lithuanian tax system by three methods, it was established that in the period of 2008 - 2018 the principle of justice has been partially violated, as income inequality exists and consumption taxes prevail in it. Basically, tax revenue in Lithuania is collected from four taxes (VAT, PIT, corporate income tax, excise duties). Regulated taxes are objective and the tax system works efficiently due to a rational tax planning process and efficient tax collection. It has been established that tax administration in Lithuania is expensive, and tax obligations are not always fulfilled on time and tax violations exist in the tax system. |
