Effective 1 September 2019, the list of goods subject to the value added tax (VAT) reverse-charge mechanism will be expanded and will include electronics such as:
On appeal by the Lithuanian authorities, the EU Council accepted that hard disks would be subject to the VAT reverse-charge mechanism, thereby allowing a deviation from EU VAT Directive No. 193.
Read an August 2019 report prepared by the KPMG member firm in Lithuania
Other recent VAT developments that may affect businesses in Lithuania and noted in the above report include the following items:
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