Similar to other European countries, Lithuania reduced the VAT rates for some goods and services to 9%. This will take effect in January 2023. It is important to state that the adjustment of some VAT rate changes will be permanent, while others will only be maintained until June and December 2023, or even for an uncertain period. More information on the VAT rate changes can be found here.
Source: fiscal-requirements.com
Latest Posts in "Lithuania"
- ECJ VAT C-544/25 (Nekilnojamojo turto valdymas) – Questions – VAT penalties and interest challenged as disproportionate and duplicative under EU law principles
- Lithuania’s Top Court Clarifies VAT Rules for Economic Activities and Independent Taxable Persons
- Lithuania Signs IMF Agreement to Reduce VAT Gap and Curb Shadow Economy
- Expansion of Reduced 12% VAT Rate: Tourism, Cultural Services, Residential Heating, and Educational Publications
- Parliament Proposes Extension of Reduced VAT Rates for Heat Services and Publications
