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.
LATEST NEWS
Lithuania cuts hospitality VAT to 9% until 31 December...
Lithuania will cut the VAT rate applicable to hospitality, sporting, and cultural services from the standard VAT rate of 21% to the reduced rate of 9%. To...
SEE MORE
LATEST NEWS
Belgium to cut e-book VAT rate from 1 January 2022
From 1 January 2022, the Belgium tax authorities have confirmed that the VAT rate on the sale of e-books, e-manuals, e-newspapers, and e-magazines sold online...
SEE MORE
LATEST NEWS
Ukraine to apply VAT on digital services from January...
From 1 January 2022, Ukraine will impose VAT at 20% on the sale of e-services to local consumers by non-resident businesses. At present, non-resident...
SEE MORE