27 July 2016
In an effort to prevent VAT fraud the Lithuanian VAT authorities will require all VAT registered businesses to submit monthly online registers. They will need to detail all VAT invoices and transport paperwork relating to transactions that they have made in the country.
The first report will be due for the period of October 2016 and will be required for both sales and purchase transactions.
Find out more about VAT in Lithuania
LATEST NEWS
Emergency VAT measures to combat the financial impact...
Due to the negative financial impact that the Coronavirus pandemic is having on businesses all over the world, a number of tax authorities have implemented...
SEE MORE
LATEST NEWS
Cameroon VAT on foreign e-commerce
Cameroon has extended its Value-Added Tax (VAT) system to cover supplies of online goods and services supplied by non-resident (foreign) companies in the...
SEE MORE
LATEST NEWS
Fiji VAT on e-services provided by remote sellers
Fiji is proposing to extend its Value-Added Tax (VAT) regime to apply to the sales of electronic services supplied by non-resident (foreign) companies to...
SEE MORE