On 16 September 2024, Lithuanian President Gitanas Nausėda approved and submitted to parliament a draft law for the termination of the 1999 tax treaty with Russia. Lithuania's termination of the treaty follows Russia's suspension of several provisions of the treaty in August 2023. As per the terms of the treaty, a notice of termination must be given at least 6 months before the end of the calendar year in order for the termination to apply from the beginning of the following calendar year. As…