The State Tax Inspectorate ( lt, Valstybinė Mokesčių Inspekcija) or VMI is the tax authority in the

Republic of Lithuania A republic () is a "state in which power rests with the people or their representatives; specifically a state without a monarchy" and also a "government, or system of government, of such a state." Previously, especially in the 17th and 18th c ...

. It is an agency under the

Ministry of Finance A ministry of finance is a part of the government in most countries that is responsible for matters related to the finance. Lists of current ministries of finance Named "Ministry" * Ministry of Finance (Afghanistan) * Ministry of Finance and Eco ...

. The main objectives of the agency include: helping the

taxpayers A tax is a compulsory financial charge or some other type of levy imposed on a taxpayer (an individual or legal entity) by a governmental organization in order to fund government spending and various public expenditures (regional, local, or n ...

with their tax obligations and rights; implementation and enforcement of tax laws, primarily collecting and administering the taxes; collection of revenue for the

state budget A government budget is a document prepared by the government and/or other political entity presenting its anticipated tax revenues (Inheritance tax, income tax, corporation tax, import taxes) and proposed spending/expenditure (Healthcare, Educat ...

History

The historic origins of the tax authority in Lithuania can be traced back to the ''Treasury Tribunal'' and, later, ''Treasury Commission'' of the

Grand Duchy of Lithuania The Grand Duchy of Lithuania was a European state that existed from the 13th century to 1795, when the territory was partitioned among the Russian Empire, the Kingdom of Prussia, and the Habsburg Empire of Austria. The state was founded by Li ...

which operated in 16th-18th centuries. Origins of the modern agency start in 1918 with the establishment of Finance and Tax departments within the Lithuanian Ministry of Finance. These departments were not independent institutions and the finance minister was also the Chief Tax Administrator. The modern institution of the State Tax Inspectorate was defined in the laws in 1990. It was established as a separate legal entity in 1995. Currently, the institution and its activities are defined by the Law on Tax Administration 2004. The State Tax Authority of Lithuania is a founding member of

Intra-European Organisation of Tax Administrations The Intra-European Organisation of Tax Administrations (IOTA), is a non-profit intergovernmental organisation, which provides a forum to assist members in European countries to improve their fiscal functionality. The IOTA headquarters are located ...

since 1996.

References

External links

* {{authority control Taxation in Lithuania Government agencies of Lithuania Revenue services Economy of Lithuania

History

See also

References

External links