Lithuania's standard corporate income tax (CIT) rate is 17% (effective 1 January 2026). Small companies meeting conditions may qualify for 0% CIT for the first two years, then 7% thereafter. Credit institutions with taxable profits exceeding EUR 2 million are subject to a 22% CIT rate (17% plus 5% surcharge). Maritime entities fulfilling specific conditions may apply a fixed 17% CIT rate. Capital gains are taxed at the standard CIT rate of 17%. Prepaid CIT must be paid before the 15th of the last month of the corresponding quarter. CIT payment and return are due before the 15th day of the sixth month in the next tax period. The general VAT rate is 21%, with a reduced rate of 12% for public transport and accommodation services, and 5% for books, periodicals, medical devices and drugs. Lithuania has implemented the OECD Pillar Two Global Minimum Tax framework. Composite Effective Average Tax Rate: 13.67%; Composite Effective Marginal Tax Rate: 7.25% (OECD 2023). Withholding tax (WHT) for non-residents: 17%/10%/10% on dividends/interest/royalties. WHT for residents may qualify for 0% under participation exemption (0%/0%/0%) if conditions on shareholding (>=10% for >=12 months) are met.