From 1 May 2025, Lithuania introduces a revision to the daily interest rate applicable to tax loans under its Tax Administration Law (TAL). This adjustment reflects a broader policy approach...

The Lithuanian Parliament has approved a comprehensive tax reform package, introducing changes that will take effect from 1 January 2026. The updates impact corporate income tax, personal income tax (PIT)...

The CJEU ruled that national participation exemptions can be denied under the GAAR of the Parent Subsidiary Directive (PSD), in the case of abuse. In this respect, the CJEU clarified that the qualification...

From January 1, 2025, a new investment account scheme has been launched, aiming to create more favorable conditions for individual investors.

On 7 June 2005, the Seimas approved three tax laws, which implement the new and highly debated tax reform.

With respect to the provisions of a EU Directive 2005/19/EC of 17 February 2005 amending Directive 90/434/EEC 1990 on the common system of taxation applicable to mergers, divisions, transfers of assets and exchanges of shares concerning companies of different Member States, the Corporate Tax Law will be amended, proposing that it shall enter into force from 1 January 2006 and be applicable for calculating taxable profit for the year 2006. Key points of the proposals: