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Lithuania to Amend VAT Registration Anti-Abuse Rule for Related Entities

|Proposed Changes|Lithuania
Lithuania

The Lithuanian parliament (Seimas) is considering draft law XIVP-1915, which would amend Article 71 of the Value Added Tax Law in regard to VAT registration of related legal entities that are controlled by the same person alone or together with other related persons. Paragraph 7 of Article 71 contains an anti-abuse (splitting) rule, providing that where legal entities are controlled by the sam…

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