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Lithuania Amends VAT Law to Introduce 12% Rate for specific services

Lithuania’s Ministry of Finance has proposed an amendment to Article 19 of the VAT Law No. IX-751, introducing a reduced VAT rate of 12% for specific services. The reduced VAT rate applies to accommodation services regulated by tourism laws...

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VATupdate Newsletter Week 16 2025

DREAMCAR In recent years, there’s been a clear push to “go green” and embrace electric cars. Every major car manufacturer is rolling out shiny new electric models with promises of zero emissions and a...

VATupdate Newsletter Week 15 2025

OVERSTRETCHED I recently renewed my membership at the gym. Last time, I already overstretched some muscles just by signing up. Later, I was suspended for not wiping down the machine I was struggling with (it nearly...

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