Latest news from Lithuania

Lithuania proposes to cut VAT rate to 18% from 2019

The Lithuanian tax authorities are proposing to reduce their standard VAT rate from 21% to 18%. There is no plan to lower their current reduced VAT rates, which will remain at 19% and 5%.

Lithuania cuts VAT on e-books to 5%

From 1 January 2019, Lithuania cut the VAT rate applicable on e-books to 5% from 21%. This follows the EU Councils proposal to allow EU member states to cut rates on electronic publications to match their printed equivalents, please click here for the full article.

Lithuania – Newspapers, magazines, periodicals subject to 5% VAT from 1 January 2019

From 1 January 2019, the VAT rate on newspapers, magazines, and other periodicals was reduced from 9% to 5%. Books and other printed materials will remain subject to 9% VAT.