Finland Publishes Notification on Triggering of Royalties MFN Clause in Tax Treaty with Lithuania

Finland has published Notification No. 67/2019 of 2 September 2019, which includes that the MFN clause contained in paragraph 7 of Article 12 (Royalties) has been triggered with effect from 1 January 2019. As a result, from 1 January 2019, royalties are exempt from withholding tax in the Contracting State in which they arise. In addition, the definition of royalties is replaced to include payments of any kind received as a consideration for the use of, or the right to use, any copyright of l…