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Lithuania Publishes Synthesized Text of Tax Treaty with South Korea as Impacted by the BEPS MLI

15 January 2021

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Treaty Development

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Lithuania-Korea, Rep of

Lithuania's State Tax Inspectorate (STI) has published the synthesized text of the 2006 income and capital tax treaty with South Korea as impacted by the Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Shifting (MLI). The synthesized text was prepared on the basis of the reservations and notifications submitted to the Depositary by the respective countries. The authentic legal texts of the treaty and the MLI take precedence and remain the legal texts applicable. The MLI applies for the 2006 Lithuania-South Korea tax treaty: with respect to taxes withheld at source on amounts paid...