VMI refuses excessive bond interest taxation
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Published: 04/30/2024 05:45
Photo of Judita Grigelytė (VŽ).
The tax administrator’s decision to assess the real benefit when taxing the interest received by investors for bonds can contribute to greater capital market activity.
The State Tax Inspectorate (VMI) is changing the practice regarding taxation of interest received by investors on bonds. Investors who purchased bonds with accrued interest will no longer be overtaxed when they had to pay taxes and for …
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