Draft law amending the Lithuanian VAT Act to align with the new EU VAT Directive for the Digital Age (Council Directive (EU) 2025/516). It introduces rules for digital platforms, cross-border e-commerce, and removes outdated provisions.
Key Changes
- Call-off stock scheme abolished
- Article 42 will be repealed by June 30, 2029.
- Transitional rule applies until June 30, 2028 for goods moved to another EU country for later supply.
- Digital platforms deemed suppliers
- Platforms (marketplaces, portals) enabling non-EU sellers to supply goods to EU customers will be treated as if they themselves supply the goods.
- Distance sales & OSS/IOSS schemes
- Clarifies rules for intra-EU distance sales and import schemes.
- Sets conditions for registration and choice of Member State for VAT purposes.
- Small business threshold
- Confirms the €10,000 annual threshold for cross-border supplies of goods/services to non-taxable persons.
- Repeals outdated provisions
- Several paragraphs in Articles 12, 51, 78, 881, 122 are removed.
- Implementation timeline
- Most changes effective January 1, 2027.
- Some provisions (distance sales) effective July 1, 2028.
- Call-off stock abolished June 30, 2029.
- Implementing regulations by December 31, 2026.
Source lrs.lt
- See also
- Join the Linkedin Group on Global E-Invoicing/E-Reporting/SAF-T Developments, click HERE
- Join the LinkedIn Group on ”VAT in the Digital Age” (VIDA), click HERE
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