Bill No. XIVP-408, to reduce the VAT rate of non-prescription drugs and medical aids to 5%, was approved for consideration by the Lithuanian Parliament (Seimas).
Source: GVC
Latest Posts in "Lithuania"
- eInvoicing in Lithuania
- Court Upholds VAT Deduction Rights for Fixed Asset Reconstruction in Landmark Ruling
- VAT Fraud: Tax Administrator’s Role and Legal Challenges in Fraudulent Transactions
- Lithuania to Implement EU-Compliant E-Invoicing Nationwide by 2028 for Modernized Tax Reporting
- e-Invoicing in Lithuania: Timeline, Guidelines, Process, and Steps for Implementation
