01687cas a2200241 a 4500 AALejournalIMF017744 230101c9999 xx r poo 0 0eng d 5.00 USD 9781484305973 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. European Dept. Republic of Lithuania : Selected Issues. Washington, D.C. : International Monetary Fund, 2017. 1 online resource (47 pages) IMF Staff Country Reports <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students This Selected Issues paper examines the reasons behind Lithuania's low tax-GDP ratio relative to the European Union (EU). At end-2015, Lithuania had nearly the lowest tax-GDP ratio in the EU, along with Bulgaria and Romania. The tax revenue shortfall relative to the EU is for the most part attributable to weak tax administration and tax policy, with the structure of the economy playing a secondary role. The second largest contribution to the tax revenue shortfall relative to the EU comes from social security contributions. The shortfall is driven primarily by the structure of the economy, and to a smaller extent by tax administration. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 2017/178 Full text available on IMF http://elibrary.imf.org/view/journals/002/2017/178/002.2017.issue-178-en.xml IMF e-Library