| Abstract [eng] |
Problems of Collective Investment Subjects Undertaking Taxation in Lithuania Collective investment subjects are investment funds or investment companies that belong to multiple investors, offering their own shares and investment units in a public manner and that are managed by licensed management company. The main objective of such subjects is to accumulate funds from individuals and collectively invest them in order to obtain financial benefits. This master's paper consists of two parts. The first part of the work deals with collective investment, concepts of investment, collective investment and collective investment subjects. Also the types of collective investment subjects are discussed and the types of objects they can invest to are presented. In order to clarify the concept of investment, the investment process and the most popular investment methods are analyzed. Collective investment subjects are discussed within the range of The Republic of Lithuania Law on Collective Investment Subjects. The second part of the work deals with taxation, discusses the nuances and emerging issues related to taxation of collective investment subjects. Separate taxes established in the Republic of Lithuania, namely, profit tax, value added tax, land tax and real estate tax are analyzed. Taxation is presented in the analysis of the legislation governing these taxes. In examining each tax chosen, the aim is to discuss the development of the norms of the tax law related to the subject of this master‘s paper and to compare the current norms with the taxation applied in Latvia and Estonia. |
