According to an update from the OECD, Lithuania signed the Multilateral Competent Authority Agreement on the Automatic Exchange of Information on Income Derived Through Digital Platforms (DPI-MCAA) on 4 March 2024. The agreement provides for the automatic exchange of information under the OECD Model Rules for Reporting by Digital Platforms with respect to transactions and income realized by platform sellers in the sharing and gig economy and from the sale of goods through such platforms. The annual exchange of this information is meant to assist tax administrations and taxpayers to ensure the correct and efficient taxation of such income.