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Lithuania Introduces Bill to Restore Reduced VAT Rate for Restaurant Services

  • Lithuania is proposing to restore the reduced rate of value-added tax for catering services
  • The reduced rate was introduced during the COVID-19 pandemic but expired at the end of 2023
  • The bill would reintroduce the nine percent reduced rate of VAT from July 1, 2024, until December 31, 2027

Source: answerconnect.cch.com

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.

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