The KPMG member firm in Lithuania prepared a report that provides information concerning the following for business and corporate income tax purposes:
Among the value added tax (VAT) and excise and customs items are measures concerning VAT invoices in instances of advance payment, rules for import VAT deduction, rules for establishment of a VAT relief warehouse, and retail trade rules in duty-free shops.
Information about individual (personal) income tax developments concerns new rules for the issuance of certificates concerning amounts of individual income tax paid for residents and non-residents and the calculation of income from the disposal of financial instruments.
Read a 2017 report [PDF 289 KB] prepared by the KPMG member firm in Lithuania
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