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Economical situation in Lithuania is on the level that new foreign investments are quite active in our country. Even though the growth of the economy…

VAT taxation of unused local flight tickets. EUCJ has explained, that the issue by an airline company of tickets is subject to value added tax…

• One due date rule has been established for tax payments and declarations – by the 15th day of the respective month, except VAT, which…

I.MAS will consist of 7 subsystems:1. Smart cash register subsystem (i.EKA) – taxpayers will be obliged to provide information to the tax authority on cash…

EUCJ ruled, that aforementioned transactions constitute the supply of services for consideration and are exempt from VAT according to article 135 (1) e of Directive…

The procedures shall be applied to all empty packaging and packaging filled with goods placed on the market, except for the packaging filled with goods,…

Therefore, the companies will have to deduct from the salary the following social security contributions:• 9% (standard tax rate applied to employees who did not…

The said obligation is enforced in the Law on Financial Accounting of the Republic of Lithuania, indicating thereof that accounting data are based on the…

The system centralises administration of information on monetary fund restrictions, sends information to banks on restrictions orders and proportionally distributes funds to creditors. Previously a…