Lietuvos mokesčių sistemos įtaka verslo įmonių veiklai

Abstract

In the profit taxation system the so-called deductions, which are aimed at stimulating (or on the contrary, at slowing down) individual sectors or branches of economy are applied. Certain sectors (or types of business) are exempted from taxes, or the tax pressure exerted upon them is relieved, or payment of taxes is deferred. A relatively long extension of payment period can actually mean total or partial exemption from the tax. In market economy countries, a substantial albeit ever changing set of such deductions has been formed. The most widely spread deductions of this kind are accelerated depreciation, which grants companies the right to transfer part of the profit into tax-exempted depreciation costs; tax reduction aimed at encouraging companies to allot more funds to investments and research works.