- The State Tax Inspectorate informs about the adoption of the order No. VA-93 “On the Amendment of the Order No. VA-42 of the State Tax Inspectorate of the Ministry of Finance of the Republic of Lithuania regarding the Approval of the Rules for the Accumulation, Storage and Provision of Data on International Payment Transactions” on December 11, 2023.
- The amendment was made to address the inconsistency in the translation of Article 243b(2)(2) of Council Directive 2020/284 into Lithuanian.
- The amendment ensures the correct interpretation and application of this provision.
- The application of the provisions has been properly explained in the explanations provided by the tax administrator and on the State Tax Inspectorate’s website.
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.
