Legally. We businessmen have written such laws for you, "lending money" to politicians Eligijus Masiulis and Gabrielius Landsbergis in "Stikliai" drinking hole.
"Companies really mix up pockets. Professor Raimondas Kuodis assures that quite often companies just mix up pockets - corporate and personal. "It is unfortunate that Mr. Majauskas linked this problem with pandemic money and support, because the question is not the same. They should be separate, and this problem has been going on for over twenty years.
There is individual consumption through company balance sheets.
When you refuel, the cashier raises his eyes when he hears that no invoice is needed.Because it has become common for an entrepreneur to consume through a company.Why does he it? Because you can collect VAT on items you bring home, and sometimes it's cars, sometimes it's apartments, furniture, I'm not talking about anything else, and then these things become "depreciated", they are written off, which reduces income tax. These are the answers why in Lithuania about forty percent of companies are forever unprofitable year after year. The question arises how they survive. Just a in significant portion of them are money are cleared through consumption.
It turns out that public sector workers who are indirectly affected by such a livestock farm pay most of all taxes in the country for two reasons. Firstly, they cannot work under livestock forms, they must work under standard employment contracts, and secondly, they cannot have businesses through which they can consume. Thus, Lithuania almost does not collect income tax, because there is nothing to collect, it is allegedly non-existent. And those purchased cars - they are maintained with all invoices, go to services, refuel and them use children, relatives, not only the owner, so that it is possible to collect VAT on fuel and reduce corporate income tax,”says R. Kuodis."
There is nothing to be very angry here about. If you would get such an access, you would steal, too. Or not?
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