Value Added Tax


The Lithuanian parliament is to consider value-added tax (VAT) exemptions for food staples in a bid to dissuade Lithuanian shoppers from going to shop in...

Lithuanian shoppers have been making shopping trips to neighbouring Poland where despite comparable living standards prices of food and other goods are...

Tax revenues ahead of projections so far

2016 m. kovo 15 d. 17:04

Lithuania's central government and municipalities collected €1.132 billion in taxes over January-February 2016, exceeding the target by €25.1 million, or...

This January, the national budget and municipal authorities collected 2% (€12.1 million) more tax revenue than planned and 7.1% (€41 million) more than...

MP proposes VAT cuts on basic foods

2016 m. vasario 5 d. 09:39

A reduced value-added tax (VAT) rate should apply to basic food products, according to a new bill being proposed by a Labour Party MP.

Even though Lithuania is not introducing any new levies this year, the country's tax authorities are planning to increase revenues by going after...

Estonian Merko gets big contract in Lithuania

2014 m. gruodžio 28 d. 17:56

Reduced VAT rate for books proposed in Lithuania

2014 m. rugpjūčio 20 d. 17:38

Lithuanian prime minister says no VAT cuts

2014 m. rugpjūčio 13 d. 14:36