VAT News

New Lithuanian reporting requirements

Coming into effect from 1 October 2016, the Lithuanian government has introduced new requirements whereby all parties registered for VAT in Lithuania must submit invoicing data and other prescribed documents on a monthly basis, via an online portal. This is required of all VAT registered parties, regardless of whether they have an establishment in Lithuania. The first deadline for submission will be 21 November 2016.

Similarly to other member states, SAF-T submission will be available, and it is thought this will be possible from 2017.

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