5 Major Developments in Lithuania
- A new technical document with an updated XML structure has been published in Lithuania
- The Compliance of POS SW Solutions with the New Fiscalization Requirements in Lithuania
- Data flow in the fiscalization system in Lithuania according to new changes
- Proposal to Raise VAT Registration Threshold in Response to Inflation
- Proposal to increase VAT registration threshold from EUR 45,000 to EUR 55,000
DAC7
Deduction (Input Tax Credit)
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VAT deduction available on purchased electric cars from 2023
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Lithuania Allows VAT Deduction on Purchases of Electric Cars
E-Commerce / Electronic services
ECJ (European Court of Justice)
E-Invoicing
Exemption
Fiscalization
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Data flow in the fiscalization system in Lithuania according to new changes
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The Compliance of POS SW Solutions with the New Fiscalization Requirements in Lithuania
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A new technical document with an updated XML structure has been published in Lithuania
- New document was uploaded: E-receipts – Lithuania
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The i.EKA deadline for signing agreements has been published in Lithuania
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New updates in relation to technical requirements for the cash registers in Lithuania
Fraud / Tax Evasion
Importation
- European Commission grants relief from import duties and VAT exemption granted for goods imported to Lithuania in 2021 and 2022 to deal with the migration crisis
- Commission decision: Relief from import duties and VAT exemption granted for goods imported to Lithuania in 2021 and 2022
Invoice
Legislative Change
Rate
Real Estate/Immovable Property
Registration
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Proposal to increase VAT registration threshold from EUR 45,000 to EUR 55,000
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Proposal to Raise VAT Registration Threshold in Response to Inflation
- Lithuania Proposes Raising VAT Registration Threshold to €65,000 in 2024
- Lithuania Eases VAT Registration Rules For Groups
- Lithuania Amends VAT Registration Anti-Abuse Rule for Related Entities to Introduce an Exception
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Lithuania Amends Calculation of VAT Registration Threshold for Related Persons
Reporting / Compliance
SME (Small and Medium-Sized Enterprises)
- Proposal to Raise VAT Registration Threshold in Response to Inflation
- Lithuania to Increase VAT Registration Threshold
Tax Authorities / Penalties
Taxable Transaction
ViDA