Fiscal subject related
This will include a free service to supplement an API-based submission from EPRs and an accounting system service for invoices covering: submission of sales invoices and exchange with customers. Authorities want to introduce the e-invoicing tool by September 2023. As a reminder, since July 2017, Lithuania has already had a centralized invoicing service for B2G invoicing, based on the PEPPOL standard.
Other news from Lithuania
Upgraded tools for the e-service of the Lithuanian Tax Inspectorate
Order No. VA-75 introduces significant updates to the My VMI service, improving security, transparency, and user convenience by the latest legal and technological standards. Key changes include expanded definitions, enhanced authentication processes, detailed guidelines for representatives, clarified service ordering procedures, and transparent cookie usage policies. Let's find out what the chang... Read more
E-invoicing updates in Lithuania
Since September, Lithuania's SABIS system has been used for issuing invoices in compliance with the EU directive on electronic invoices in public procurement. SABIS ensures that invoices meet all VAT law requirements, include mandatory VAT details, and automatically select the correct VAT rate for deduction and payment. This system enhances efficiency by providing all necessary information in a si... Read more
Diplomats and refund in Lithuania—latest changes in regulations
Lately, in Lithuania, VAT and excise refund rules for diplomatic missions have changed. More precisely, recent amendments have been made to the rules governing VAT and excise tax refunds for certain foreign diplomatic missions and consular offices in Lithuania. Changes are as follows: US Embassies: US embassies in Lithuania and their personnel are now exempt from VAT refunds for vehicles purcha... Read more
EU to protect domestic e-commerce sellers with a cross-border tax reform
As online shopping continues to grow, the European Union is planning to implement new regulations to protect local e-commerce sellers. One significant change affects consumers who shop on international platforms like Temu or AliExpress. The EU has already taken some steps at the first sign of growing foreign e-commerce sellers, and since July 1, 2021, all goods entering the EU, regardless of their... Read more
Is there an obligation to print and save the daily (shift) fiscal report (Z) and the total fiscal report and paste them into the cash register of the autonomous cash register in Lithuania?
Using a cash register with a security module and/or a virtual fiscalization cash register (an upgraded system known as i.EKA), print and store the daily (shift) fiscal report (Z) and the aggregated fiscal report and paste them into the cash register of the autonomous cash register. There is no obligation, but the obligation to form a report (Z) remains. The regulations stipulate that the Report (Z... Read more
EU VAT Validation Tool
One way to validate VAT numbers in the EU is the VAT Information Exchange System (VIES), which is a crucial tool for businesses operating within the European Union. Owned by the European Commission, VIES is a search engine that retrieves data from national VAT databases to verify VAT numbers. Here’s a detailed look at how VIES works and its significance. How VIES Works When a search is made usi... Read more
New document was uploaded: Fiscalization and SCO, RVM, OPT in Lithuania
This document's purpose is to clarify how fiscalization regulations relate to “not so typical” sales stations in Lithuania, such as self-checkouts, reverse vending machines, outdoor payment terminals, etc. In this document, we will clarify how these devices are treated from a fiscalization perspective. Read more