Lithuania: Guidance on VAT law
Commentary on Section V of Chapter XII of the VAT law
The tax authority on October 29, 2024, published the commentary on Section V of Chapter XII of the Law on Value Added Tax (VAT).
The commentary details the application criteria, VAT obligations, registration procedures, and conditions under which the scheme may no longer apply.
For further information, contact a KPMG tax professional:
Vita Šumskaitė | vsumskaite@kpmg.com