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Tax Treaty between Liechtenstein and Lithuania Signed

21 February 2019

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Treaty Development

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Liechtenstein-Lithuania

On 15 February 2019, officials from Liechtenstein and Lithuania signed an income and capital tax treaty. The treaty is the first of its kind between the two countries. Taxes Covered The treaty covers Liechtenstein personal income tax, corporate income tax, real estate capital gains tax, and wealth tax, and covers Lithuanian profit tax, income tax, immovable property tax, and land tax. Residence If a company is considered resident in both Contracting States, the competent authorities will determine its residence for the purpose of the treaty through mutual agreement based on its place of head or main office, its place of...