Lithuania Considers Excess-Profit Tax Measures for Energy Companies

On 5 November, Prime Minister Mindaugas Sinkevičius confirmed that the government was continuing to examine a possible tax on excess profits earned by energy companies. Ministers were asked to prepare proposals assessing the scale, duration and potential scope of such a measure. No tax rate or revenue target has been announced. Energy companies may need to assess potential changes to their tax exposure and investment plans. HPC can support regulatory monitoring, tax-impact research and compliance assessments.