- The Value Added Tax Law Article 71, paragraph 7 commentary has been amended and supplemented.
- The purpose of the amendment is to ensure smooth implementation of tax laws.
- The updated commentary can be found on the website of the State Tax Inspectorate.
- More information can be found in the document with reference number RM39019, issued by the State Tax Inspectorate.
- The information was prepared by the Legal Department.
Source: vmi.lt
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
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
