The Lithuanian Parliament (Seimas) began reviewing Bill No. 25-6750, which proposes amendments to the country’s VAT Law. The draft legislation introduces changes to preferential VAT rates, affecting tourism, transportation, cultural services, and publishing.
Key measures in the bill include:
Preferential VAT rate increase:
Under the proposed amendments, the preferential VAT rate would increase from 9% to 12% starting January 1, 2026, and would be extended to cover the following categories:
Accommodation services specified in the legislation
Passenger transport services operating on regular routes, including passenger luggage transport
Admission to art and cultural institutions and events, subject to defined conditions
Clarification of the 5% VAT rate:
The bill clarifies that the current 5% reduced VAT rate is applicable to:
Printed books
Electronic books
Electronic non-periodical informational publications
Certain exceptions are outlined within the proposed amendments.
Source: e-seimas.lrs.lt
Follow us on LinkedIn to keep up with the latest VAT news