The Lithuanian parliament is currently considering a draft bill to relax eligibility restrictions for the preferential corporate tax rate (5%) for SMEs. Under current rules, restrictions apply so that related sole proprietorships and companies are not eligible for the preferential rate, including for sole proprietorships where family members own their own sole proprietorship, for sole proprietorships where the owner or family members own more than 50% of another company, and for companies where the same person or persons holds more than 50% of each company. The bill would amend the rules to add that that the preferential rate will not...