The Lithuanian Parliament discussed Bill No. XIVP-2106. The reduced VAT Rates in Lithuania are fixed at 9% and 5%. Hence, the bill implements the 5% preferential VAT rates repair of household items that will go into effect on 1 July 2023.
Source: GVC
Latest Posts in "Lithuania"
- Lithuanian Court Rules on VAT Liability in Joint Activity Agreements
- 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