VATupdate

Share this post on

Lithuania Tax Agency Updates Commentary on Preferential VAT Rate for Passenger Transportation Services

  • Lithuanian State Tax Inspectorate updated commentary on preferential VAT rate for passenger and luggage transportation services
  • Clarifications made on transportation by charter flight, local streets long-distance routes, and streets crossing country borders
  • Definitions provided for “passenger ticket” and “cargo”
  • Examples amended, obsolete provisions deleted, and editorial changes made
  • Announcement made on May 13, 2024 by State Tax Inspectorate

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.

Sponsors:

VAT news
VAT news

Advertisements: