Edvinas Grikšas: reinvested profit relief would have a positive effect on the budget after two years

Edvinas Grikšas: reinvested profit relief would have a positive effect on the budget after two years

“We have calculated – yes, there will be budget shortfalls, but within two years we would start collecting more revenue for the budget than we would lose due to this relief,” E. Grikšas said on Wednesday at the Seimas Committee on Economics and Innovation.

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According to him, the relief is necessary for Lithuania – it would help businesses increase productivity and invest in production automation.

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