• Cyprus - Lithuania
    Tax Treaty Enters Into Force

    26-08-2014

    The Income Tax Treaty between Cyprus and Lithuania entered into force on 17 April 2014. Its provisions will come into effect from 1 January 2015.

    The treaty was signed on 21 June 2013.

    In accordance with the treaty, the following withholding taxes will apply:

    • Dividends:
      • 0% if the beneficial owner is a company (other than a partnership) which holds directly at least 10% of the capital of the company paying the dividends.
      • 5% in all other cases.

    • Interest: 0%.

    • Royalties: 10%.
    Back to News
    Related Topics:

EUCED - European Network for Economic Cooperation and Development is a European Economic Interest Grouping (EEIG), as per EU Council Regulation # 2137/85, established for European and worldwide economic and development operations. As well as, the status of an European Business Association.

Read more
Follow Us
Specialist writers View All
Copyright © 2012 - 2019 Offtax Ltd. All rights reserved. Compare Countries News & Articles About Join Us Directory Contact Us