At the beginning of the year PLL LOT will inform about the value of prizes that were awarded the previous year. Participants of the Program receive awards from PLL LOT, which are considered taxable income classified as “other income”, pursuant to the relevant Agreements with Lithuania, Latvia and Estonia for the Avoidance of Double Taxation and Prevention of Fiscal Evasion with respect to Taxes on Income and Capital. This type of income is taxed in the country of residence of Participant of the Program receiving the award. 

We kindly ask Participants of the Program to check the necessity of reporting value of their awards in the income tax return they file in the country of residence. It is the responsibility of the Program Participants to ensure that their awards are properly declared.

Participants are responsible for payment of taxes and other public charges that may become payable on the received awards.