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Updated VAT rates in Lithuania

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Summary
The reduced VAT rates that have been introduced in previous years have also been updated. Because of the inflation, pandemic, and other crises, the reduction has been introduced, but for certain sectors, the reduction is being corrected. So, let's unveil the newest updates!
Content

In Lithuania, the reduced VAT rate of 9% for catering services and takeaway food provided by restaurants, cafeterias, and similar establishments, excluding alcoholic beverages, has expired. The standard 21% VAT rate now applies to these services as of January 2024.

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