The Lithuanian parliament (Seimas) is considering a draft law to fully implement the Pillar 2 global minimum tax in accordance with Council Directive (EU) 2022/2523 of 14 December 2022 (previous coverage). As previously reported, Lithuania has partially implemented the Directive by opting to defer the application of the main rules, including the income inclusion rule (IIR) and the undertaxed payment/profit rule (UTPR). In addition to the IIR and UTPR, Lithuania will also implement a domestic…