Parliament approves range of cuts to accommodation, catering, sports and e-books
The Lithuanian Seimas approved on 22 November, a number of VAT rate reductions, as follows:
- Existing temporary reduction to 9% for accommodation, e-books, periodicals, arts and cultural events will be made permanent.
- Existing temporary reduction to 9% for catering services will be extended until 31 December 2023.
- 9% rate will apply to sports events and clubs until July 2023.
- 5% rate will now apply to medical nutrient products.
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