Lithuania's President Dalia Grybauskaitė on Wednesday submitted proposed amendments to the Penal Code, suggesting tighter punishments for large-scale tax evasion.
At the court
© TEISMAI.LT

The President's Office said the amendments had been drafted in light of the legal gaps that were highlighted by the Labour Party's bookkeeping fraud trial that lasted a decade.

"The president suggests punishing large-scale tax fraud as a grave crime. The legal amendments suggest envisaging that persons evading more than 19,000 euros in taxes or operating in an organized group should be subjected to the same liability as for fraud, i.e., up to eight years in prison," reads the press release.

The Labour Party's founder Viktor Uspaskich and other suspects were last year fined for bookkeeping fraud. A number of courts overruled prosecutors' pleas to put Uspaskich behind bars.

Presidential adviser Rasa Svetikaitė told BNS that tax evasion is currently listed as a minor offense, which leads to smaller penalties, shorter statutes of limitation and limits the possibilities of applying means of criminal intelligence.

The president suggests differentiating liability for tax evasion, depending on the sum in taxes a suspect aimed to evade. Evading up to 19,000 euros in taxes would mean up to four years in prison, while evading over 19,000 euros in taxes would mean that a person may face imprisonment of up to eight years. Currently, the maximum jail term is three years.

Leave a comment
or for anonymous commenting click here
By posting, you agree to terms
Read comments Read comments

R. Karbauskis wants changes in his party: R. Baškienė and A. Nekrošius to no longer be his deputies

With the Lithuanian Farmer and Greens Union (LVŽS) congress nearing, “Farmer” leader Ramūnas...

Civic committees aiming for Vilnius city council seats complain on inability to form coalition

Civic electoral committees aiming to compete for seats in the city municipal council are complaining...

Deliberations on A. Karbauskis’ amendments on child protection system postponed

The Seimas Legal Affairs Committee removed amendments proposed by Ramūnas Karbauskis on the child...

A. Monkevičius starts meetings with trade unions

Minister of Education, Science and Sports Algirdas Monkevičius is starting meetings with education...

Conservatives compare S. Skvernelis’ links to D. Gudelis with R. Paksas and J. Borisov’s friendship

A journalist investigation has uncovered facts that Prime Minister Saulius Skvernelis and Minister...