The Lithuanian government approved a resolution to terminate the 1999 tax treaty with Russia on 26 June 2024. A law for the termination must now be submitted for parliamentary approval.
Earlier, the Lithuanian government made public plans to terminate several bilateral agreements with Russia.
“Following the outbreak of Russia’s war against Ukraine, the Foreign Ministry asked all institutions to assess the scope and need for international legal cooperation with Russia,” said Foreign Minister Gabrielius Landsbergis.
According to the terms of the treaty, a notice of termination must be given at least six months before the end of the calendar year for the termination to take effect at the start of the following year.
The treaty was initially signed on 29 June, 1999, and became effective from 1 January, 2006.
