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Lithuania Proposes Raising Reduced VAT Rate to 12%

  • Lithuania may increase reduced VAT rate to 12%
  • Current reduced rate is 9%
  • Standard VAT rate of 21% and super-reduced rate of 5% will stay the same
  • Proposal expected soon

Source: orbitax.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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