Lithuania is to increase the VAT registration threshold for resident businesses who are only acquiring goods from other member states under the reverse charge from €14,000 to €30,000. This will come into effect from 1 January 2023.
Source: VAT Calc
Latest Posts in "Lithuania"
- ECJ Advocate General: VAT Applies to Lithuanian In-Game Currency Resale Profits
- ECJ C-472/24 (Žaidimų valiuta) – AG Opinion – VAT Treatment of In-Game Gold Transactions
- Lithuanian Tax Authority Updates VAT Law Commentary on EU Member Countries and Transaction Territories
- Lithuanian VAT Law Updates: Registration, Payment, and Invoicing Requirements for Individuals Effective May 1
- eInvoicing in Lithuania