Article about corporate taxes and their changes in Lithuania in 2016 was published

Our attorneys-at-law Laimonas Marcinkevičius and Ingrida Steponavičienė drew up an article on business taxes in Lithuania which was published in the 2016 edition of International Comparative Legal Guide to: Corporate Tax.

The legal guide is designed for business representatives and practising lawyers who are interested in the regulation of business tax internationally. Questions and answers reveal concentrated information on the most relevant tax problems for international business such as the validity and meaning of international double taxation agreements, main principles of taxation, rates and repayment of indirect taxes (VAT, excise duties, etc.) to foreign entities, taxation of profits of local businesses, dividends paid to foreign entities, interest and author's fees, including applicable privileges and restrictions (investment project, transfer of losses within group companies, thin capitalisation, transaction pricing, arm’s-length principle, target territories, etc.); taxation of transfers of property, including shares (participation exemption) and other tax issues. 

The group of legal experts working on the 2016 guide was very large as the corporate taxes reviewed there apply in as many as 34 countries. We hope information provided in the publication will help in taking the most efficient decisions.

You can find our article here. The publication has been linked under permission of Global Legal Group Ltd, London. 

We hope information provided in the publication will help in taking the most efficient decisions.