https://www.taxtmi.com/acts?id=45052 The Agreement requires reciprocal relief from double taxation by allowing a foreign tax deduction: each State permits deduction of tax paid in the other State from domestic tax on the same income or capital, limited so the deduction does not exceed the domestic tax attributable to that income or capital. Where income or capital is exempt under the Agreement, a State may nevertheless consider the exempted amount when calculating tax on the remaining taxable base; Lithuania's relief may be superseded by more favourable domestic law. en-us Wed, 16 Oct 2024 18:14:02 +0530 Tue, 22 Oct 2024 12:56:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=45052 The Agreement requires reciprocal relief from double taxation by allowing a foreign tax deduction: each State permits deduction of tax paid in the other State from domestic tax on the same income or capital, limited so the deduction does not exceed the domestic tax attributable to that income or capital. Where income or capital is exempt under the Agreement, a State may nevertheless consider the exempted amount when calculating tax on the remaining taxable base; Lithuania's relief may be superseded by more favourable domestic law. Act-Rules DTAA Wed, 16 Oct 2024 18:14:02 +0530 https://www.taxtmi.com/acts?id=45052