Lithuania gazettes law ratifying income tax treaty with Pakistan
Lithuania published Law No. XV-818 of 16 April 2026 in the Official Gazette on 29 April 2026, approving the ratification of the income tax treaty with Pakistan. The law represents the formal legislative step required to bring the agreement into
See More
Lithuania: Seimas approves ratification of income tax treaty with Pakistan
The Lithuanian Parliament (Seimas) approved the draft law ratifying the income tax treaty with Pakistan on 16 April 2026. Signed on 23 September 2025, this tax treaty aims to prevent double taxation and strengthen measures against tax evasion and
See More
Lithuania updates excise guidance for heated tobacco, e-cigarette liquids
Lithuania State Tax Inspectorate has updated its excise duty guidance on heated tobacco products and electronic cigarette liquids, clarifying liability, rates, exemptions and compliance under the Law on Excise Duties on 14 April 2026. For heated
See MoreLithuania introduces temporary cut in diesel excise duty
The Lithuanian Parliament has adopted amendments to the Law on Excise Duties through Law No. XV-811, signed by President Gitanas Nausฤda on 14 April 2026, introducing a temporary reduction in the fixed component of excise duties applicable to
See MoreLithuania extends PIT deadline for investment account taxpayers
The Lithuanian State Tax Inspectorate has extended the deadline for filing the personal income tax (PIT) return and paying the tax due for certain taxpayers using the investment account regime, with the order published on 31 March 2026. Under the
See MoreLithuania: VMI clarifies rules for transferring tax losses within corporate groups
Lithuania's State Tax Inspectorate (VMI) has provided updated guidance for Article 56-1(1) and (9) of the Corporate Income Tax Law, applicable for calculating taxable profit for periods beginning in 2026. These provisions regulate the transfer of
See MoreLithuania: VMI issues draft amendments for crypto-asset reporting rules under DAC8
Lithuania's State Tax Inspectorate (VMI) published on 24 March 2026 draft amendments to the rules on reporting information about reportable crypto-asset users, aligning with the Amending Directive to the 2011 Directive on Administrative Cooperation
See MoreLithuania: VMI updates corporate income tax guidance on partnerships, dividends
The Lithuanian State Tax Inspectorate (VMI) published updated guidance on 18 March 2026, revising its official commentary on the Corporate Income Tax Law to clarify the taxation of profits distributed by unlimited liability entities and the
See More
Lithuania: Government ratifies tax treaty with Pakistan
Lithuaniaโs government approved the ratification of the income tax treaty with Pakistan on 21 January 2026. Signed on 23 September 2025, this tax treaty aims to prevent double taxation and strengthen measures against tax evasion and profit
See MoreLithuania: MoFA confirms termination of Lithuania-Russia tax treaty
Lithuaniaโs Ministry of Foreign Affairs (MoFA) has confirmed that the 1999 tax treaty with Russia ended on 1 January 2026. The termination follows Lithuaniaโs adoption of Law No. XIV-2991 on 10 October 2024, after Russia suspended several
See MoreLithuania: VMI updates VAT guidance for financial services ahead of 2026 changes
Lithuaniaโs State Tax Inspectorate (VMI) has issued updated guidance on Article 28 of the Law on VAT, clarifying the application of VAT exemptions for financial services. The revisions introduce a new โtechnical/administrative servicesโ
See MoreLithuania: VMI allows companies to register for sweetened beverage excise duty
Lithuaniaโs tax authority, the State Tax Inspectorate (VMI) announced on 17 December 2025 that companies producing or importing non-alcoholic sweetened beverages or their concentrates from other EU countries must register as excise duty payers
See MoreLithuania amends DAC7 rules
Lithuaniaโs State Tax Inspectorate (VMI) adopted amendments to Order No. VA-95 on 12 December 2025, which regulates reporting of platform-based activities. The changes implement requirements under the Amending Directive to the 2011 Directive on
See MoreLithuania: State Tax Inspectorate proposes DAC8 crypto reporting rules
Lithuaniaโs State Tax Inspectorate published draft rules under Order VA-119 requiring crypto-asset service providers to report user data in line with the Amending Directive to the 2011 Directive on Administrative Cooperation (DAC8) on 10 December
See MoreLithuania: VMI updates guidance on input VAT deduction
Lithuaniaโs State Tax Inspectorate (VMI) has issued an updated commentary on the right to deduct input value added tax (VAT) under Article 57 of the Law on VAT, published on 28 November 2025. The revised guidance clarifies which taxpayers are
See MoreLithuania: Tax authorities approve long term corporate tax incentives
Lithuaniaโs tax authorities have published a commentary on 18 November 2025, detailing how legal entities undertaking major manufacturing or data-service investments may qualify for a corporate income tax (PMฤฎ) exemption lasting up to 20
See MoreLithuania: MoF consults DAC8 tax information exchange rule amendments
The Lithuanian Ministry of Finance (MoF) opened a public consultation on 17 November 2025, proposing changes to Order No. VA-114, which regulates mutual assistance and the exchange of tax information with EU Member States. The amendments are
See MoreLithuania: Parliament considers higher corporate tax for banks, credit Institutions
Lithuania has proposed an amendment to its Corporate Tax Law that would increase the additional tax on banks and credit institutions from 5% to 10%. The draft, registered with the Seimas on 10 November 2025 under project No. XVP-973, targets
See More