author_orbitax
Orbitax

Share This Article

Lithuania Publishes Updated Guidance on Extended Support Measures for Businesses Affected by COVID-19

11 February 2021

|

Approved Changes

|

Lithuania

Lithuania's tax authority has published updated guidance on extended support measures for businesses affected by the COVID-19 pandemic. The support measures include the deferral of the payment of taxes without incurring interest, which has been extended until 30 April 2021. Further, the update includes that taxpayers eligible for the support measures may apply for an interest-free tax loan agreement, with installment payments made up to 31 December 2022. Longer-term tax loans may also be applied for (up to 5 years), but any installment payments made after 31 December 2022 will be subject to 0.01% interest per day. It is also...