If you meet any of the above criteria, please confirm that you are a U.S. taxpayer by updating the Know Your Customer Form, which can be found here. IMPORTANT: When filling in the form, please fill in the Taxpayer Identification Number (TIN) carefully. The U.S. Taxpayer Code is the Employer Identification Number (EIN), which has a 9-digit structure: xx-xxx-xxxx. You can find more information about U.S. Taxpayer Identification numbers (TINs) here.
Tax Information
Banks operating in Lithuania must inform the State Tax Inspectorate under the Ministry of Finance of the Republic of Lithuania (the STI) about clients who may be potential taxpayers in the United States of America (the USA). This obligation is laid down in the following legislation:
- Foreign Account Tax Compliance Act (FATCA), which is applied in accordance with the agreement between the Republic of Lithuania and the United States of America (the USA), which requires financial institutions of the Republic of Lithuania to provide information on clients who are U.S. taxpayers.
- Law on Tax Administration of the Republic of Lithuania, Resolution No 1017 of the Government of the Republic of Lithuania of 23 September 2015 and other by-laws.
The following are considered potential U.S. taxpayers:
- U.S. citizens;
- Persons holding a U.S. residence permit or a "Green Card" entitling a foreign national to reside in the United States;
- Individuals who have resided in the United States for at least 31 days in one year;
- Persons meeting the other characteristics specified in the FATCA Act: the person's place of birth is in the United States, the person's current address of residence and / or correspondence is in the United States.
More information can be foun: