Lithuania or Russia: which taxes less?

Both tax systems side by side, headline rates and the gap between them.

Level pegging: Lithuania and Russia weigh about the same on the taxpayer.

Tax Lithuania Russia Gap
Corporate income tax headline rate 17% 25% −8.0 points
Personal income tax top bracket 20% to 32% 13% to 22% +10.0 points
VAT standard rate 21% 20% +1.0 points

Detailed schedules

Corporate income tax

Lithuania

n/a

Russia

General rate from January 1, 2025 25%
IT companies until 2030 5%
Radio electronics until 2027 8%

Personal income tax

Lithuania

n/a

Russia

Up to 2.4 M RUB 13%
2.4 to 5 M RUB 15%
5 to 20 M RUB 18%
20 to 50 M RUB 20%
Over 50 M RUB 22%
See the Lithuania page See the Russia page