Starting January 2026, Lithuania will introduce excise duties on sweetened beverages, including soft drinks, flavored waters, and concentrates with added sugar or sweeteners, under Law No. XV-286. The tax applies to both domestic production and imports for business use, with exemptions for medical products, infant formula, and non-packaged drinks from restaurants or cafes. The Lithuanian governmen... Read more

Lithuania will introduce a revised VAT structure from January 1, 2026, adding new reduced rates of 5% and 12% while abolishing certain exemptions to help fund defense initiatives. Notable changes include lower VAT on books, higher rates for transport and cultural services, and a return to the standard 21% VAT for heating and firewood, with compensation measures planned for vulnerable households. L... Read more

Lithuania is reviewing VAT law amendments that would increase the reduced VAT rate from 9% to 12% for services like accommodation, regular passenger transport, and cultural events starting January 1, 2026. A new 5% VAT rate is also proposed for printed and electronic books and certain non-periodical publications, down from the current 9%. The Parliament is expected to vote by July 1, 2025, and bus... Read more

On May 15th, 2025, Fiscal Solutions organized a free webinar on the topic of "Fiscalization and online sales in European countries". The webinar was held by Fiscal Solutions Legal Consultant Nikolina Basić. Let’s delve deeper into this topic! Read more

Lithuania's new cash payment rules clarify that only the total amount paid in cash is rounded, while 1 and 2 euro cent coins remain legal tender and must still be accepted by merchants. These coins can be used for change or exchanged at the Bank of Lithuania, which offers free services for individuals and businesses to reduce their circulation. Cash payments in Lithuania are rounded to the nearest... Read more

Lithuania plans to adjust several VAT rates effective January 1, 2026, pending approval by the Seimas by July 2025. Key changes include increasing VAT on district heating and certain services to 21% or 12%, reducing the VAT on books to 5%, and introducing a new 10% tax on non-life insurance policies.   Lithuania is preparing to revise its value-added tax (VAT) rates, with certain changes exp... Read more

Lithuania’s State Tax Inspectorate has released an updated technical document outlining integration requirements for the Smart Electronic Cash Register Subsystem within the Smart Tax Administration Information System. Let's find out more on this! Read more