Lithuanian lawmakers backed reducing valued-added tax for press, public transport tickets and car repairs for the disabled, sparking criticism from Prime Minister Andrius Kubilius.
Lawmakers passed the proposal 99-6, with 19 abstentions, according to a vote-count on the parliament’s website. The law cuts VAT for the disabled and on tickets, newspapers and magazines to 9 percent from a current rate of 21 percent starting Jan. 1.
The tax reductions may reduce budget revenue by 100 million litai ($36 million) next year, Kubilius said, adding that he will ask President Dalia Grybauskaite to veto the law amendments, the Baltic News Service reported today.
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