Lithuania: New withholding tax rates on Government Bonds


Further to our Announcement A14099, dated 7 July 2014, effective


a 0% withholding tax rate applies on income paid for Lithuanian Government Bonds eligible in Clearstream Banking1.

Categories of eligible beneficial owners:

  • 0% for non-Lithuanian residents (both legal entities and individuals);
  • 0% for Lithuanian legal entities (interest is included in the taxable corporate income); and
  • 0% for Lithuanian individuals (if the bond has been acquired on or after 1 January 2014 and the amount of interest exceeds EUR 500 per tax year, investors themselves must declare income to the Lithuanian Tax Authority and pay taxes after the end of the respective financial year).

Note: It is the responsibility of all beneficial owners that they comply with all legal and regulatory requirements imposed by Lithuanian law in respect to withholding tax. Neither Clearstream Banking, nor its local depository, has any direct or indirect liabilities towards the Lithuanian Tax Authorities and Clearstream Banking does not assist in this regard. Investors should consult their tax advisor for further information.

Further information

For further information, please contact the Clearstream Banking Tax Help Desk, Clearstream Banking Client Services or your Relationship Officer.

1. Clearstream Banking refers collectively to Clearstream Banking S.A., registered office at 42, avenue John F. Kennedy, L-1855 Luxembourg, and registered with the Luxembourg Trade and Companies Register under number B-9248, and Clearstream Banking AG (for Clearstream Banking Frankfurt (CBF) customers using CreationOnline), registered office at 61, Mergenthalerallee, 65760 Eschborn, Germany and registered in Register B of the Amtsgericht Frankfurt am Main, Germany under number HRB 7500.