- The Supreme Administrative Court of Lithuania ruled that the person acting independently and assuming economic risks in a joint activity agreement is the taxable person for VAT purposes.
- The European Court of Justice clarified that entities without legal personality can be considered taxable persons under the VAT Directive.
- The ruling emphasizes identifying who carries out economic activity for their own benefit and responsibility to determine VAT liability.
Source: vatabout.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"
- Lithuania Raises Intrastat Arrival Threshold for 2026 to Ease Reporting Burden
- ECJ VAT C-544/24 (Nekilnojamojo turto valdymas) – Questions – VAT penalties and interest challenged as disproportionate and duplicative under EU law principles
- Lithuania’s Top Court Clarifies VAT Rules for Economic Activities and Independent Taxable Persons
- Lithuania Signs IMF Agreement to Reduce VAT Gap and Curb Shadow Economy
- Expansion of Reduced 12% VAT Rate: Tourism, Cultural Services, Residential Heating, and Educational Publications
