BEGIN:VCALENDAR
VERSION:2.0
PRODID:-//EU Deadline Radar//EN
CALSCALE:GREGORIAN
METHOD:PUBLISH
X-WR-CALNAME:EU Deadline Radar
NAME:EU Deadline Radar
BEGIN:VEVENT
UID:lt-small-company-cit-rate-2026@eudeadlines.eu
DTSTAMP:20260908T103125Z
DTSTART;VALUE=DATE:20260101
DTEND;VALUE=DATE:20260102
SUMMARY:Lithuania corporate income tax (Pelno mokesčio įstatymas): Lithua
 nia: standard CIT rate for small entities rises from 5% to 7%
DESCRIPTION:Lithuania raised the reduced corporate income tax rate that app
 lies to small entities (smulkieji vienetai\, tax-period income up to €30
 0\,000) from 5% to 7%\, effective for tax periods starting in 2026\, while
  the temporary 0% rate for a qualifying entity's first two tax periods con
 tinues unchanged.\n\nWho is affected: Lithuanian small entities/companies 
 (typically micro and small companies) with tax-period income not exceeding
  €300\,000 that meet the other qualifying conditions in Art. 5 of the Pe
 lno mokesčio įstatymas.\n\nWhat to do: Recalculate 2026 CIT projections 
 and any advance payments using the new 7% small-entity rate (or confirm co
 ntinued eligibility for the 0% first-two-period rate). Companies founded i
 n 2025 should check whether they can still apply 0% for their second (2026
 ) tax period.\n\n\nNote: Applies to taxable profit for tax periods startin
 g in 2026 and later (already in force for calendar-year taxpayers). The 0%
  rate for the first two tax periods is unchanged (conditions: income not e
 xceeding €300\,000 per period\; shareholder(s) are natural person(s) onl
 y\; no suspension\, liquidation\, reorganisation or share transfer in the 
 first three consecutive tax periods\; and the entity does not fail the oth
 er Art. 5(3) PMĮ tests). Entities not eligible for 0% now pay 7% (up from
  5%) on profit where tax-period income does not exceed €300\,000. The st
 andard rate for other Lithuanian entities stays 17%.\n\nStatus: In force\n
 https://eudeadlines.eu/deadline/lt-small-company-cit-rate-2026
URL:https://eudeadlines.eu/deadline/lt-small-company-cit-rate-2026
CATEGORIES:LT,Lithuania corporate income tax (Pelno mokesčio įstatymas)
LAST-MODIFIED:20260908T000000Z
TRANSP:TRANSPARENT
BEGIN:VALARM
ACTION:DISPLAY
DESCRIPTION:Lithuania corporate income tax (Pelno mokesčio įstatymas): Li
 thuania: standard CIT rate for small entities rises from 5% to 7% — due 
 in 7 days
TRIGGER;VALUE=DURATION:-P6DT15H
END:VALARM
BEGIN:VALARM
ACTION:DISPLAY
DESCRIPTION:Lithuania corporate income tax (Pelno mokesčio įstatymas): Li
 thuania: standard CIT rate for small entities rises from 5% to 7% — due 
 in 1 day
TRIGGER;VALUE=DURATION:-PT15H
END:VALARM
END:VEVENT
END:VCALENDAR