Lithuania

{"ftc_utility":"high","fbar_trigger_notes":"US expats residing in Lithuania and maintaining local bank accounts must file FBAR (FinCEN 114) if aggregate balances across foreign accounts exceed $10,000 at any point during the year. Lithuanian banks do report to IRS under FATCA. Opening accounts as a US citizen may require FATCA documentation.","ftc_utility_reason":"Lithuania taxes residents on worldwide income at rates of 20% and 32%. These Lithuanian taxes can be credited against US federal tax liability under the foreign tax credit, reducing or eliminating US tax on the same income. The FTC is particularly valuable for income that exceeds the FEIE limit.","presence_day_count_notes":"Lithuania is an EU member state. US citizens and non-EU nationals may reside under temporary or permanent residence permits. Long-term stays require registration. The 330-day physical presence test is achievable as there are no automatic exit or re-entry restrictions that interrupt day counts, though permit compliance is required for stays beyond 90 days.","typical_qualifying_method":"either","housing_exclusion_available":true,"physical_presence_test_applies":true,"estimated_housing_exclusion_usd":18000,"local_tax_rate_on_earned_income":0.2,"bona_fide_residence_test_applies":true}

{"pension_income":{"notes":"Foreign pension income received by Lithuanian tax residents is subject to PIT at progressive rates of 20% and 32%. Lithuanian state pension income is taxed similarly. A basic personal allowance reduces the taxable base for lower-income pensioners.","tax_rate":0.2,"locally_taxed":true},"social_security":{"notes":"There is no US-Lithuania income tax treaty. US Social Security benefits received by Lithuanian tax residents would be included in taxable income under Lithuanian rules. The US taxes Social Security under its own domestic rules regardless of residence.","locally_taxed":true,"treaty_protection":false},"roth_distributions":{"notes":"Roth IRA distributions are not recognized as a special exempt category under Lithuanian law. Distributions may be treated as pension or investment income and taxed at standard PIT rates. No treaty protection exists. US expats should seek specific local tax advice.","locally_taxed":true},"us_401k_ira_distributions":{"notes":"Lithuania and the US do not have a bilateral tax treaty as of 2026. US-source pension and retirement distributions received by Lithuanian tax residents are generally taxable as personal income at the 20% or 32% progressive rates. No treaty exemption is available. Foreign tax credits may offset US taxes paid.","tax_rate":0.2,"locally_taxed":true,"treaty_protection":true}}

{"rate":0.15,"notes":"Individual capital gains in Lithuania are generally taxed at 15%. Gains from the sale of securities and certain other assets may qualify for a 5% rate under specific conditions.","details":{"tax_type":"Capital Gains Tax","country_name":"Lithuania","country_iso_code":"LTU","source_references":["PwC Worldwide Tax Summaries - Lithuania","State Tax Inspectorate of Lithuania (VMI)"],"last_verified_date":"2026-06-03","general_description":"Lithuania does not have a separate capital gains tax. Gains from disposal of property and securities are treated as personal income and taxed under the personal income tax (PIT) regime. The standard rate is 15%, though a reduced 5% rate applies to certain securities gains when shares were held for at least 3 years and the stake was less than 10%.","corporate_capital_gains":{"rate":0.15,"tax_treatment":"Corporate capital gains are included in taxable profit and subject to the standard corporate income tax rate of 15%. Certain participations and reorganizations may qualify for exemptions."},"individual_capital_gains":{"rate":0.15,"reduced_rate":0.05,"tax_treatment":"Gains from disposal of securities and real property are taxed as personal income at 15%. A reduced 5% rate applies to gains from securities held for at least 3 years where the individual held less than 10% of the company. Gains from sale of primary residence held for at least 2 years are exempt."}}}

{"notes":"Dividends received by Lithuanian tax residents are subject to a 15% flat personal income tax rate. A reduced 5% rate applies to dividends if the recipient has held at least 10% of shares for a continuous period of at least 12 months. Dividends paid to non-residents are subject to 15% withholding tax, reduced under applicable tax treaties.","rates":[{"rate":0.15,"type":"flat","notes":"Standard PIT rate on dividends for resident individuals"},{"rate":0.05,"type":"flat","notes":"Reduced rate where recipient held at least 10% of shares for at least 12 continuous months"},{"rate":0.15,"type":"withholding","notes":"Standard withholding rate on dividends paid to non-residents; may be reduced under tax treaties"}]}