|International Tax Rules||17||76.99|
Lithuania ranks 4th overall on the 2019 International Tax Competitiveness Index, the same as in 2018.
- Business investments in machinery, buildings, and intangibles receive better-than-average tax treatment.
- Lithuania's corporate tax rate is 15 percent, well below the OECD average of 23.6 percent.
- Lithuania's taxes on labor are relatively flat, allowing the government to raise revenue from taxes on workers with very few distortions.
- Lithuania has tax treaties with just 54 countries, below the OECD average (77 countries).
- Lithuania has both a patent box and a super deduction for Research and Development expenditures.
- Multinational businesses face strict thin capitalization rules.