Israel and Lithuania have ratified a multilateral convention to implement tax treaty related measures to prevent BEPS (MLI). This means that both countries have completed the domestic process and deposit its ratification instrument for MLI. This treaty helps to restrict tax avoidance by multinational groups. This convention will be come into force in both countries from January 1, 2019.
IMF report looks at UK economy
Related Posts

Lithuania: VMI clarifies withholding tax on income from foreign entities
Lithuania's State Tax Inspectorate (VMI) has issued guidance on 20 October 2026, clarifying how income received by
Read More
Lithuania introduces additional reporting obligations under investment account tax regime
Lithuania’s State Tax Inspectorate (VMI) under the Ministry of Finance has introduced additional reporting
Read More
Lithuania: 2027 Budget prioritises national defence, social protection with no changes to tax rates
Lithuania’s government submitted the draft 2027 state budget to the Seimas on 16 October 2026, prioritising national
Read More
Lithuania: STI issues guidance on 2027 excise duty rates
Lithuania’s tax authority, the State Tax Inspectorate (STI), which operates under the Ministry of Finance, has issued
Read More
Lithuania: STI updates personal income tax rules for individual activities
Lithuania’s tax authority (STI) has updated its commentary on Article 18² of the Law on Personal Income Tax on 15
Read More
Lithuania: STI clarifies domestic VAT obligations for cross-border businesses
Lithuania’s State Tax Inspectorate (STI) has clarified that businesses required to register for VAT because of
Read More