Dividend

Deductions

Application of Treaty on Avoidance of Double Taxation

Residents of foreign countries that have concluded Double Taxation Treaties (hereinafter – DTT) with the Republic of Lithuania could take advantage of reduced tax rates, if provided by DTT, by submitting a Claim for Reduction or Exemption from the Anticipatory Tax Withheld at Source, form FR0021 (DAS-1) or other form approved by a foreign country’s tax authority. 

The form completed by the tax authorities of the country of residence by following the law requirements must be submitted to Group's investor relations team ([email protected]) by the day specified in the divided payment information, through a broker or a credit institution's branch providing securities accounting services to the foreign resident shareholder. 

The Group does not undertake to satisfy shareholders' requests if the form is received later than the set deadline. In such cases, the resident of a foreign country or his/her proxy can submit a request to the State Tax Inspectorate of the Republic of Lithuania and get a refund of the excess amount of the deducted tax.

Information for investment and pension funds

Dividends paid to Lithuanian units, collective investment undertakings, entities of venture and private equity and pension funds may be exempted in accordance with the provisions of the Law on Corporate Income Tax of the Republic of Lithuania only upon providing a signed confirmation that they comply with the form of activity of the specified entities (hereinafter - the Confirmation). The following additional information is required to confirm the identity of the funds:

 • name of the fund;

 • identification number; 

• ownership (owner or customer intermediary);

 • form of activity: 

      - collective investment undertaking;

      - entity of venture and private equity;

     - pension fund. 

Signed confirmations must be submitted to Group's investor relations team ([email protected]) by the date specified in the dividend payment information. Collective investment schemes, venture capital and private equity companies and pension funds that held ORS before 19 October 2022 and have submitted Confirmations with unchanged information do not need to resubmit their signed confirmations.