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Lithuania Announces Support for Businesses Affected by COVID-19

23 March 2020

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Approved Changes

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Lithuania

Lithuania's tax authority has announced support for businesses negatively affected by the COVID-19 pandemic. This includes that businesses that have encountered financial difficulties as a result of COVID-19 will be able to defer payment of taxes without paying any interest. A similar deferral is also being provided with respect to social security contributions. For the purpose of the support measures, the tax authority has also announced a list of taxpayers that qualify. Taxpayers that have not been listed may apply to the tax authority for support if they have suffered negative consequences as a result of COVID-19. Lastly, Lithuania has...