According to media reports, Lithuania and Morocco held a second round of double taxation agreement (DTA) negotiations from October 29-November 2, 2012.
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Morocco has completed ratifying the Cabo Verde-Morocco Income Tax Treaty (2023) on 20 February 2025. Morocco officially published in its Official Gazette the royal decree enacting Law No. 33-23, which ratifies the agreement On 6 March 2025. The
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Read MoreLithuanian Prime Minister Gintautas Paluckas has confirmed that the Government is considering increasing the preferential rate of value-added tax (VAT) from 9% to 12%. The 21% standard VAT rate and the 5% super-reduced rate will remain
Read MoreLithuania is planning to further increase the corporate income tax rate (CIT), which could rise to 17%–18% from 16%. "The corporate tax could certainly be increased by 1 or even 2 percentage points. This would not reduce our business
Read MoreLithuania’s parliament (Seimas) has recently proposed an alternative draft bill for the phased increase in the value-added tax (VAT) registration threshold, which would take effect on 23 February 2025. The current threshold of EUR 45,000 would
Read MoreLithuania's tax authority expanded the range of corporate gifts eligible for tax deductions as representational expenses, effective 17 February 2025. The updated regulations now include items such as sweets, edible gift sets, and alcoholic
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