- From January 1, 2026, Lithuania updates VAT rules for financial services, clarifying exemptions and taxable services.
- Core financial activities (loans, payment services, currency transactions, securities operations) remain VAT-exempt.
- Purely administrative, technical, or physical services (e.g., debt collection, factoring, IT support) are generally taxable.
- Some exempt financial services can optionally be subject to VAT with proper notification and minimum periods.
- Digital currency exchanges are VAT-exempt; specific rules apply to safekeeping and management of securities.
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.
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