- Lithuania’s Parliament considering 9% VAT rate for essential food products and specific services
- Excludes alcohol from reduced rate
- Government to define eligible products by April 30, 2025
- Aim is to ease living costs for citizens
- New law set to take effect on July 1, 2025
Source: fiscal-requirements.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"
- Amendment to Lithuanian VAT Law Regarding Reduced Tax Rates and Exemptions
- EU Closes Infringement Case Against Lithuania Over VAT Rates Directive Implementation
- Lithuanian Court Rules on VAT Liability in Joint Activity Agreements
- ECJ Advocate General: VAT Applies to Lithuanian In-Game Currency Resale Profits
- ECJ C-472/24 (Žaidimų valiuta) – AG Opinion – VAT Treatment of In-Game Gold Transactions
