Lithuania and Kyrgyzstan signed a double taxation treaty (DTT) on 15 May 2008. This has now been ratified by the Lithuanian parliament on 16 December 2008 and came into force on 20 February 2009 as this was the date when Lithuania received a Note from Kyrgyzstan.
The provisions of the treaty regarding the income taxation will be started to apply on income received from year 2010.
The following maximum withholding tax (WHT) rates will apply:
Dividends
• 15%.
• 5% if the beneficial owner is a company (other than a partnership) which holds at least 20%
of the capital of the company paying the dividends.
Interest
• 10%
• 0% for government and financial institutions including the central bank
D.C.