The government in Lithuania has adopted amendments to the VAT law. The fines for VAT evasion will be increased, and they will be applied as of May 1, 2023.
VAT fines in Lithuania have been raised
Public
Lithuania
Author: Kristina Dosen
Category:
Fiscal subject related
General information
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818
Content accuracy validation date:
18.01.2023
Content accuracy validation time:
08:11h
Therefore, from May 1, 2023, the responsibility for non-compliance with the VAT payment procedure will be changed. Instead of the currently valid fines of 10 to 50 percent of the additional calculated VAT amount, fines of 20 to 100 percent of the additional calculated VAT amount will be applied.
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