- Lithuanian Parliament reviews VAT Law amendments
- Proposed increase in preferential VAT rate from 9 percent to 12 percent starting January 1, 2026
- New rate applies to accommodation services, passenger transport on regular routes, and admission to art and cultural events
- Clarification of 5 percent VAT rate for printed books, electronic books, and electronic non-periodical informational publications
- Certain exceptions are included in the amendments
Source: globalvatcompliance.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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