CFC rules are not applied if (except for the CFC, registered or otherwise organised in the target territory (blacklisted jurisdictions)):- passive income of the CFC does not exceed 1/3 of total income of this CFC during the tax period; or- actual corporate income tax paid on income of the CFC following the rules on corporate income tax or equivalent tax applied in this foreign state is not lower than 50 % of actual corporate income tax on income of CFC which would have been computed following the Lithuanian CFC rules.