INTER RAO Lietuva climbs up to the 4th position in the list of the largest taxpayers in energy sector
In 2014, AB “INTER RAO Lietuva” was once again ranked among the largest tax and other contribution payers in Lithuania.
In the list of energy companies paying the most taxes and other contributions, which was drawn up by the State Tax Inspectorate (STI), the company has moved up one position by occupying a fourth place.
In the list of the country’s largest taxpayers published by the STI, “INTER RAO Lietuva” was ranked 25th and paid more than LTL 87.3 million of taxes and other fees to the STI per year.
In 2013, the company paid a little more than LTL 100 million of taxes to the the STI account and was the 17th largest taxpayer in Lithuania. The decline in sales had a major effect on the change in the paid taxes. The scope of sales was reduced due to the company’s risk management policies. These policies were aimed at lowering the impact of potential electricity imports restrictions on the company’s performance.