Lithuania - Food VAT Reduction Planned

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According to recent reports, the Lithuanian government is planning to reduce the VAT rate on several basic foodstuffs to 5%, including for bread, meat and milk.

Subject to approval in parliament, which is widely expected, the reduction would apply from 1 January 2019, but it could be implemented earlier. We will of course keep you updated.

Should you require any VAT assistance in Lithuania, or require any international VAT assistance, please contact us.

 

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