CY · EuropeLT · Europe

Cyprus vs Lithuania: tax rates compared

Cyprus's income tax rate is 3pp higher than Lithuania's (35% vs 32%). The 200-country average is 28%: both sit above it. Cyprus's figure is dated 2026-05-18 and Lithuania's 2025-01-01, so the two rates come from different data vintages.

Verified data covers six of the six tracked tax types for both countries; every rate below is cited to its source and dated.

At a glance

0102030405060Income32%35%Corporate12.5%16%VAT19%21%Capital Gains0%20%Crypto8%20%Wealth Tax0%
six shared taxes, side by side
Tax CY LTDifference
Income Tax35%32%CY +3 pp
Corporate Tax12.5%16%LT +3.5 pp
VAT19%21%LT +2 pp
Capital Gains Tax0%20%LT +20 pplargest gap
Crypto Tax8%20%LT +12 pp
Wealth Tax0%0%match

Income Tax

Income Tax, side by side
CountryRateSource
Cyprus35%Source: PWC Worldwide Tax Summaries — Cyprus (Individual, Taxes on personal income) · as of 2026-05-18
Lithuania32%Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01
Difference+3 ppCyprus higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Cyprus12.5%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Lithuania16%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference−3.5 ppLithuania higher

Lithuania's corporate tax rate is 3.5pp higher than Cyprus's (16% vs 12.5%). The 201-country average is 22.6%: both sit below it.

VAT

VAT, side by side
CountryRateSource
Cyprus19%Source: PWC Worldwide Tax Summaries — Cyprus (Corporate, Other taxes) · as of 2026-05-18
Lithuania21%Source: PWC Worldwide Tax Summaries — Lithuania (Corporate, Other taxes) · as of 2026-03-10
Difference−2 ppLithuania higher

Lithuania's VAT rate is 2pp higher than Cyprus's (21% vs 19%). The 181-country average is 15%: both sit above it.

Capital Gains Tax

Capital Gains Tax, side by side
CountryRateSource
Cyprus0%Source: PWC Worldwide Tax Summaries — Cyprus (Individual, Income determination) · as of 2026-05-18
Lithuania20%Source: PWC Worldwide Tax Summaries — Lithuania (Individual, Income determination) · as of 2026-03-10
Difference−20 ppLithuania higher

Lithuania's capital gains tax rate is 20pp higher than Cyprus's (20% vs 0%). The 175-country average is 10.3%: Cyprus sits below it, Lithuania sits above it.

Crypto Tax

Crypto Tax, side by side
CountryRateSource
Cyprus8%Source: PWC Worldwide Tax Summaries — Cyprus (Individual, Income determination) · as of 2026-05-18
Lithuania20%Source: Valstybinė mokesčių inspekcija (VMI) — Kriptovaliutų apskaita ir mokesčiai · as of 2025-09-30
Difference−12 ppLithuania higher

Lithuania's crypto tax rate is 12pp higher than Cyprus's (20% vs 8%). The 88-country average is 13%: Cyprus sits below it, Lithuania sits above it. Cyprus's figure is dated 2026-05-18 and Lithuania's 2025-09-30, so the two rates come from different data vintages.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Cyprus0%Source: PWC Worldwide Tax Summaries — Net wealth/worth tax rates (quick chart) · as of 2026-05-18
Lithuania0%Source: PWC Worldwide Tax Summaries — Net wealth/worth tax rates (quick chart) · as of 2026-03-10
Difference0 ppdisplayed rates match

Cyprus's wealth tax rate is identical to Lithuania's — both sit at 0%. The 193-country average is 0.1%: both sit below it.