The Lithuanian parliament (Seimas) is considering Draft Law No XIVP-4225 on amendments to the Personal Income Tax Law. The amendments include adjustments to the determination of the monthly and annual tax-exempt amount (TEA) for employment income of resident individuals. This includes maintaining the monthly TEA at EUR 747 for individuals with monthly employment income not exceeding the minimum monthly wage (salary) as on 1 January of the current calendar year, with a maximum annual TEA of E…