Prevention of Money Laundering

What is tax residency?

In accordance with the requirements of the Law on Personal Income Tax, Citadele is obliged to establish the customer's tax residency and taxpayer identification number and provide this information to the Lithuanian State Tax Inspectorate. 

A natural person is considered a tax resident of Lithuania if his/her declared place of residence is in the Republic of Lithuania or the stay in the Republic of Lithuania is 183 days or more during any 12-month period beginning or ending in a taxation year, or the person is a Lithuanian citizen working abroad for the government of the Republic of Lithuania.

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