Lithuanian Supreme Administrative Court Holds Equality Principle for Taxpayers Applies in Respect of Penalty Interest
Lithuania's Supreme Administrative Court reported issued a decision on 5 January 2022 regarding the application of the equality principle for taxpayers in relation to tax penalties. The case concerned a taxpayer that had claimed tax relief for collective investment vehicles but was found by the tax authorities to have failed to comply with necessary requirements. As a result, the tax authoritie…
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