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Lithuania - Overview and introduction

Lithuania - Overview and introduction

Taxation of international executives

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All information contained in this document is summarized by KPMG Tax and Legal Advisers, the Lithuanian member firm affiliated with KPMG International Cooperative ("KPMG International"), a Swiss entity, based on the Lithuanian Law on Personal Income Tax No. IX-1007 of 2 July 2002 and subsequent amendments; the Lithuanian Law on State Social Insurance No. I-1336 of 21 May 1991 and subsequent amendments; the Lithuanian Law on Corporate Income Tax No. IX-675 of 20 December 2001 and subsequent amendments; the Lithuanian Law on Value Added Tax No. IX-751 of 5 March 2002 and subsequent amendments; Law on Legal Status of Aliens of Lithuania No. IX-2206 of 29 April 2004 and subsequent amendments, Visas Issuance Procedure, approved by the Order of the Minister of Foreign Affairs of Lithuania No. 1V-899/V-330 of 28 December 2017 and subsequent amendments, Work Permit Issuance to Aliens Procedure, approved by the Order of the Minister of Social Security and Labour of Lithuania No A1-133 of 27 March 2013 and subsequent amendments, as well as information provided on the website of the Migration Department of Lithuania.

Taxation of international executives

The extent of the liabilities to Lithuanian tax on earnings depends upon residence status in Lithuania.

While individuals resident in Lithuania are subject to tax on worldwide income (with some exceptions regarding income from employment abroad), non-residents are liable to income tax on Lithuanian-sourced income.

Income is taxed depending on the type of income at 5/15/20/27 percent rates.

Herein, host country/territory refers to the country/territory to which the employee is assigned. Home country/territory refers to the country/territory where the assignee normally lives when they are not on assignment.

Lithuania - Topics

© 2020 "KPMG Baltics", UAB, a Lithuanian limited liability company and a member firm of the KPMG network of independent members firms affiliated with KPMG International Cooperative ("KPMG International") a Swiss entity. All rights reserved.

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