The Lithuanian parliament (Seimas) is considering Draft Law No. XIVP-2226(2), which would expand the definition of shares for the purpose of the exemption of capital gains and the carryforward of losses from the sale of shares in foreign companies. In general, capital gains are exempt and the carryforward of losses is allowed in respect of the sale of shares in a foreign company in an EEA country or treaty partner country if the shareholder has held at least 10% of the shares for an uninterr…