News
0% VAT rate to transportation services
Amendments related to the application of 0% VAT rate to transportation services. The Court established, that transportation services related to the exportation / importation of…
The new Labour Code
Will the employers be obliged to amend the existing employment contracts after NLC comes into force? The revision of the existing employment contracts is not…
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.…