Lithuania: Update on individual, corporate income tax; VAT and customs

Lithuania: Update on individual, corporate income tax

The KPMG member firm in Lithuania prepared a report that provides information concerning the following for individual (personal) income tax purposes:

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  • Peer-to-peer lending activities 
  • Rules for completing the annual individual income tax return
  • Caps on maternity allowances

Information about corporate income tax developments concerns the taxation of dividends and the terms for filing the corporate income tax return. 

Among the value added tax (VAT) and excise and customs items are measures concerning the management of VAT invoices, VAT on services provided to apartments, activities of free warehouses, and the electronic filing of customs declarations. 


Read an April 2016 report [PDF 457 KB] prepared by the KPMG member firm in Lithuania

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