Lithuania: Country-by-country reporting directive transposed into domestic law
CbC tax-related information for financial years starting on or after 22 June 2024
CbC tax-related information for financial years starting on or after 22 June 2024
The EU public country-by-country (CbC) reporting directive has been transposed into domestic law.
The new law requires in-scope multinational groups to publicly disclose certain CbC tax-related information for financial years starting on or after 22 June 2024. The requirement applies for companies and groups with business activities in at least two jurisdictions meeting the turnover threshold of €750 million.
Read a June 2023 report prepared by the KPMG member firm in Lithuania
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