- Lithuanian Parliament accepted Bill No. XIVP-1835(4) to reduce VAT rate on residential heat energy and hot water
- VAT rate will be reduced to zero percent from 9 percent from Nov. 1, 2024, to April 30, 2025
- Reduction applies to goods actually delivered
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.
