Revenue eBrief No. 061/20

14 April 2020

Revised tax treatment of royalty income, with effect from 1 January 2019, under the terms of the Ireland-Lithuania Double Taxation Convention 1997

Ireland’s Double Tax Convention (DTC) with Lithuania came into effect in 1999. It contains a provision whereby the tax treatment of royalty income under the Convention may be revised if more favourable terms are subsequently agreed by Lithuania with another OECD country. Lithuania has recently agreed such terms with Japan and those terms are now to apply to the Ireland-Lithuania DTC with effect from 1 January 2019. Tax and Duty Manual Part 35-01-12 has been created to provide details.