- Lithuanian State Tax Inspectorate updated commentary on preferential VAT rate for passenger and luggage transportation services
- Clarifications made on transportation by charter flight, local streets long-distance routes, and streets crossing country borders
- Definitions provided for “passenger ticket” and “cargo”
- Examples amended, obsolete provisions deleted, and editorial changes made
- Announcement made on May 13, 2024 by State Tax Inspectorate
Source: news.bloombergtax.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.
Latest Posts in "Lithuania"
- Tax Authority Revises Guidelines on When Input VAT Can Be Deducted
- Lithuania Updates Rules on Input VAT Deductions: Key Conditions and Documentation Requirements
- Lithuania to Change VAT Rates for Goods and Services from January 2026
- Lithuania Updates VAT Law: New Rules for Currency Conversion Effective January 2026
- 75% of Lithuanian Small Businesses Now Reporting Cash Register Data to Tax Authority
