- Lithuania is considering increasing its standard VAT rate by 1% from 21% to 22%
- Proposed to help meet additional military spending due to invasion of Ukraine by Russia
- Decision expected by 31 May 2024
Source: fiscalsolutions.co.uk
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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