Tax system of Lithuania

When Lithuania joined the EU, the tax system was adapted to EU law. Corporations and essentially all other businesses are subject to corporation tax. It is a classic corporate tax system. With other corporations there are crediting and discount options, which greatly reduce the double burden. The tax rate is 15 %. Individuals are subject to income tax.
In the case of employees, it is levied as part of a wage tax. The tax rate is 15 % or 33 % (two-tier tariff). the value added tax is included as an all-phase tax according to EU requirements Input tax deduction erhoben. Der reguläre Steuersatz beträgt 18 %, ermäßigte Steuersätze mit 5 % und 9 % existieren. Es wird keine Vermögensteuer, jedoch eine Erbschaft- und Schenkungsteuer erhoben. Es bestehen rund 30 DBA, die weitgehend dem OECD-MA entsprechen, sowiè ein Außensteuerrecht.

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