- Lithuanian State Tax Inspectorate opened consultation on draft amendments to VAT Law
- Draft amendments provide guidance on exemptions from VAT for sale or transfer of immovable property
- Guidance includes exemptions for existing buildings, structures, land, and conditions for calculating VAT
- Comments on draft amendments due by Nov. 26
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.
