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Lithuania Extends Tax Payment Relief for COVID-19

17 July 2020

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Approved Changes

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Lithuania

Lithuania is reportedly extending the tax payment relief provided in response to COVID-19 until 17 August 2020. Until that date, collection proceedings for outstanding taxes and social security contributions will not be enforced and late payment interest will not be applied. Further, late payment interest will not be charged on deferred taxes under tax payment extension arrangements that have been entered into, with no particular time limit. The relief applies for listed qualifying taxpayers as previously reported, while taxpayers that have not been listed may apply to the tax authority for support if they have suffered negative consequences as a...