10 Apr 2020
Extended term for filing tax declarations on income from individual activity
23 Dec 2013
On the 27th June 2013, the Parliament of the Republic of Lithuania adopted the law No. XII – 427, amending and supplementing Articles 2, 5, 6, 16, 17, 19, 20, and 22 of the Law on Income Tax of Individuals. One of the most important changes is that starting from 1 January 2014 the 15% rate of income tax shall be applied in respect of income from dividends and other distributed profit (the current 20% rate shall be applied when assessing the income from distributed profit received in 2013 and earlier).
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