News
Tax arrears could be taken over
Tax arrears could be taken over, repaid or transferred to others. According to the amendments, the following restrictions for debtor and person who takes over…
Employers’ obligation to inform about posted workers
The application should be filled in the Lithuanian language and could be submitted by e-mail, fax or e-services no later than 1 day before the…
Intra-Community exemption does not require VAT number
The Court established, that the requirements for the purchaser to have the VAT number and to be registered in the VIES system are not essential…
Court decision regarding transfer of confidential information to third parties
In case the Employee breaches a clause of confidentiality the Employer has a right to claim for the compensation of damages it has suffered. In…
Simplified procedure of VAT invoices submission to i.SAF subsystem
The STI informed, that the opportunity to submit registers in easier and faster way is already available: data could be submitted by using the machine-to-machine…
Additional explanation regarding data submission to i.VAZ subsystem
Below is a short description of the main changes: the parcel post, defined in the Lithuanian Postal Law (i.e. postal correspondence, parcel posts with weight…
Explanation regarding application of 5% VAT rate
The Commentary clarified, that taxable value of the outer package of the non-compensated prescribed medicines is the taxable value of the package after granting discounts.…
Updated list of long-term debtors to the State Tax Inspectorate
Long-term debtor is a legal person, which meets all the following criteria:· is a VAT payer;· tax…
Cases when gift vouchers are the subject to VAT
· if goods or services are identified in gift voucher, then reimbursement for the gift voucher could be treated as an advance…