Analysis of wage taxation in Lithuania and Germany
Ekonomikos analizė. Comparative Analysis of Wage Taxation in Lithuania and Germany. Abstract. Wage Taxation in Lithuania. Analysis of Wage Taxation in Lithuania. Wage Taxation System in Germany. Analysis of Wage Taxation in Germany. Conclusions. References.
The main focus of this study is to review the situation of the wage taxation in Lithuania and Germany and to present the comparative analysis. The deep research of main features of the wage taxation in two countries is based on statistical indicators obtained from Lithuanian Department of Statistics and Federal Statistical Office of Germany. In order to produce the in depth evaluation of the situation of wage taxes in Lithuania, there were used some ideas and statements of the general economist of Swedbank Nerijus Mačiulis. Furthermore, to make a research of German taxation system there was used information of articles from economics official webpages like InterNations. Obtained information of the proportional wage taxation in Lithuania was compared with the German progressive wage taxes and results are presented in the conclusion. Comparisons and conclusions were drawn based on the results of the analysis and our insights. As the purpose of the paper is to find what country has better taxation system, it is clearly shown that there is no right answer to this question.