On 27 June 2013, the parliament adopted amendments to the Law on Individual Income Tax (the Law). The amendments will apply from 1 January 2014. The following major amendments were made to the Law. Interest The following types of interest will become taxable at the general flat rate of individual income tax, i.e. 15% (currently exempt, with certain exceptions): -   interest on securities issued by a government or other public authority of Lithuania or another EEA country; -   interest on deposits with EEA banks and other credit institutions established in Lithuania or another EEA country; -   interest...