Irish Revenue has published eBrief No. 061/20 on the activation of the MFN clause with respect to royalty income under the 1997 tax treaty with Lithuania. As a result, royalties are exempt with effect from 1 January 2019 and the definition of royalties is amended. The eBrief and the revised tax treatment are as follows. --- Revenue eBrief No. 061/20 Revised tax treatment of royalty income, with effect from 1 January 2019, under the terms of the Ireland-Lithuania Double Taxation Convention 1997 Ireland's Double Tax Convention (DTC) with Lithuania came into effect in 1999. It contains a provision whereby the...