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Lithuania Tax Agency Seeks Feedback on VAT Exemption for Postage Stamps

  • Lithuania’s Tax Agency is seeking comments on a proposed amendment to exempt postage stamps from VAT
  • The consultation includes a proposal to exempt specified postage stamps and special stamps sold at nominal value
  • The draft explanation includes commentary with definitions and examples
  • Comments on the proposal are due by March 20th

Source: news.bloombergtax.com

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.

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