The Lithuanian government has approved a draft law to terminate the 1995 tax treaty with Belarus on 13 November 2024.
This decision comes after Belarus suspended several articles of the treaty, including those on dividends, interest, and capital gains, effective from 1 June 2024.
Originally signed in 1996 at in Vilnius and ratified by both governments in 2000, the treaty’s terms state that a notice of termination must be given at least six months before the end of the calendar year for the termination to take effect from the beginning of the following year. Therefore, the earliest the treaty could be formally terminated is 1 January 2026.
