The Lithuanian parliament is currently reviewing a draft law concerning the State Social Insurance Fund Budget for 2025, which outlines changes to social insurance contribution rates. Under the proposed framework, employee contributions will

Lithuania’s Ministry of Finance submitted the draft Budget for 2025 to the parliament on 16 October 2024 which includes proposed amendments to the Law on Personal Income Tax, among other tax provisions. The proposal outlines an increase in the

Lithuania has terminated its tax treaty with Russia on 11 October 2024, published Law No. XIV-2991 in the Official Gazette. Earlier, Lithuania’s President, Gitanas Nausėda, approved a draft law for terminating the 1999 tax treaty with Russia,

Lithuania's Ministry of Finance has announced a draft law on the Elimination of Double Taxation and the Prevention of Tax Evasion and Avoidance, which proposes to include in the Lithuanian legal system the solutions for the avoidance of double

The Lithuanian Ministry of Finance has published a draft law on 9 October 2024, amendments to the Code of Administrative Offences, aimed at imposing administrative penalties for failure to submit required information. These changes are designed to

The Lithuanian government has approved the income and capital tax treaty with Andorra on 11 September 2024.This agreement aims to eliminate double taxation on income and capital, fostering closer cooperation between the tax administrations of both