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Lithuanian Parliament Approves VAT Rate Changes in Comprehensive Tax Reform Package

  • Lithuanian lawmakers approved a VAT rate increase from nine percent to 12 percent.
  • Changes will be effective from January 1, 2026.
  • VAT on books and non-periodical publications will decrease to five percent.
  • District heating, hot water, and firewood will be taxed at 21 percent.

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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