{"id":1818,"date":"2017-06-30T12:07:09","date_gmt":"2017-06-30T12:07:09","guid":{"rendered":"https:\/\/leadell.lt\/?p=1818\/"},"modified":"2017-06-30T12:33:03","modified_gmt":"2017-06-30T12:33:03","slug":"online-portal-vzlt-published-article-convention-will-dismantle-majority-tax-evasion-schemes-comment-lawyer-lukas-vitauskas","status":"publish","type":"post","link":"https:\/\/lt.leadell.ee\/en\/online-portal-vzlt-published-article-convention-will-dismantle-majority-tax-evasion-schemes-comment-lawyer-lukas-vitauskas\/","title":{"rendered":"Online portal vz.lt has published the article \u201eThe Convention will dismantle a majority of tax-evasion schemes\u201c with the comment of lawyer Lukas Vitauskas."},"content":{"rendered":"<p>In Paris, the Lithuanian Minister of Foreign Affairs Mr. Linas Linkevi\u010dius, together with the representatives from 75 countries, has signed a Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Sharing, which will make transferring profit from one country to another in order to avoid double-taxation much more difficult.<\/p>\n<p>Lawyer of LEADELL Bal\u010di\u016bnas &amp; Grajauskas law office Lukas Vitauskas offers his insights about the Convention and what it means to businesses.<\/p>\n<p>According to Mr. Vitauskas, the new Convention takes on most of the notions of the BEPS (Base Erosion Profit Shifting) project, started in 2015 by the OECD and G20.<\/p>\n<p>&#8220;The new regulations on the registration of permanent place of business will more clearly define the term &#8220;permanent place of business&#8221; and its exemptions, which will in turn reduce the\u00a0number of related disputes between the tax-payer and the tax administrator.&#8221;, says Mr. Vitauskas.<\/p>\n<p>The full article in Lithuanian can be found <a href=\"http:\/\/www.vz.lt\/finansai-apskaita\/2017\/06\/23\/konvencija-isardys-dauguma-mokesciu-schemu\">here.<\/a><\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>In Paris, the Lithuanian Minister of Foreign Affairs Mr. Linas Linkevi\u010dius, together with the representatives from 75 countries, has signed a Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Sharing, which will make transferring profit from one country to another in order to avoid double-taxation much more difficult. Lawyer of<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[74,1,34],"tags":[],"class_list":["post-1818","post","type-post","status-publish","format-standard","hentry","category-all","category-corporate-commercial","category-tax"],"better_featured_image":null,"acf":{"add_images":[{"image":820}],"choose_news_feed":false},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.0 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Online portal vz.lt has published the article \u201eThe Convention will dismantle a majority of tax-evasion schemes\u201c with the comment of lawyer Lukas Vitauskas. - LEADELL Bal\u010di\u016bnas &amp; Grajauskas<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/lt.leadell.ee\/en\/online-portal-vzlt-published-article-convention-will-dismantle-majority-tax-evasion-schemes-comment-lawyer-lukas-vitauskas\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Online portal vz.lt has published the article \u201eThe Convention will dismantle a majority of tax-evasion schemes\u201c with the comment of lawyer Lukas Vitauskas. - LEADELL Bal\u010di\u016bnas &amp; Grajauskas\" \/>\n<meta property=\"og:description\" content=\"In Paris, the Lithuanian Minister of Foreign Affairs Mr. Linas Linkevi\u010dius, together with the representatives from 75 countries, has signed a Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Sharing, which will make transferring profit from one country to another in order to avoid double-taxation much more difficult. 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