30 September 2016
As previously reported in an effort to prevent VAT fraud the Lithuanian VAT authorities will require VAT registered businesses to submit monthly online registers detailing all VAT invoices and transport paperwork relating to transactions that they have made in the country.
It has now been confirmed that these online registers will be SAF-T files and that from 1 October 2016 the tax authorities will launch a new portal (i.MAS) for the online submission of these reports.
SAF-T files are already being used for the exchange of data in several EU countries including Poland and France.
LATEST NEWS
Separate EORI number for Northern Ireland required
HMRC have recently confirmed that businesses who import and export goods from Northern Ireland (NI) will need a special Economic Operator Identification Number...
SEE MORE
LATEST NEWS
Fiscal representation not required in France for UK...
The French tax authorities have confirmed that UK businesses will not have a requirement to engage a fiscal representative when the Brexit transition period...
SEE MORE
LATEST NEWS
UK Intrastat still required after Brexit
The UK tax authorities have confirmed that English, Welsh and Scottish businesses importing goods into the UK from the EU will still be required to prepare and...
SEE MORE