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Events calendar
Event report- Mo
- Tu
- We
- Th
- Fr
- Sa
- Su
- 12012-05-01St. Petersburg Imperial Porcelain exhibition
- 22012-05-02St. Petersburg Imperial Porcelain exhibitionInternational Contemporary Dance Festival "New Baltic Dance"
- 32012-05-03St. Petersburg Imperial Porcelain exhibitionInternational Contemporary Dance Festival "New Baltic Dance"
- 42012-05-04St. Petersburg Imperial Porcelain exhibitionInternational Contemporary Dance Festival "New Baltic Dance"Europe Day
- 52012-05-05St. Petersburg Imperial Porcelain exhibitionInternational Contemporary Dance Festival "New Baltic Dance"Europe Day5 Liverpool Party
- 62012-05-06St. Petersburg Imperial Porcelain exhibitionInternational Contemporary Dance Festival "New Baltic Dance"Europe Day
- 72012-05-07International Contemporary Dance Festival "New Baltic Dance"
- 82012-05-08International Contemporary Dance Festival "New Baltic Dance"
- 92012-05-09International Contemporary Dance Festival "New Baltic Dance"
- 10
- 11
- 122012-05-12Family festival "This is Lithuania"
- 132012-05-13Family festival "This is Lithuania"
- 14
- 15
- 16
- 17
- 18
- 19
- 20
- 21
- 22
- 232012-05-23Otello
- 24
- 25
- 26
- 27
- 28
- 29
- 30
- 31
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Value added tax
According to the Law on VAT, the supply of goods or services shall be subject to Lithuanian VAT provided the following conditions are satisfied:
1) the supply of goods and/or services is effected for consideration;
2) the supply of goods and/or services according to the provisions of this Law on Value Added Tax is considered to be effected within the territory of Lithuania;
3) the goods and/or services are supplied by a taxable person in the performance of his/its economic activities, i.e. acting as such.
The standard VAT rate is 21 %. The reduced VAT rates are as follows: 0 % and 9 %.
0 % VAT rate commonly is applicable to goods exported from the territory of European Community; goods transported from Lithuania and supplied to VAT payer registered in one of the member states; new cars supplied into other member state; certain transactions related with international trade (e.g. supplied goods delivered to free zone or warehouse and appropriate customs procedures executed); etc.
9 % VAT rate is applicable to heating energy and hot water for residential premises but until 31 August 2010. 9 % VAT rate is also applicable to books and other irregular informational publications but until 31 December 2010.
The taxable period is one month. Under certain circumstances, the taxable period may be 6 calendar months or a period of other duration. The VAT statement for the taxable period must be submitted and the VAT must be paid after the end of the taxable period and before the 25th day of the next month.
1) the supply of goods and/or services is effected for consideration;
2) the supply of goods and/or services according to the provisions of this Law on Value Added Tax is considered to be effected within the territory of Lithuania;
3) the goods and/or services are supplied by a taxable person in the performance of his/its economic activities, i.e. acting as such.
The standard VAT rate is 21 %. The reduced VAT rates are as follows: 0 % and 9 %.
0 % VAT rate commonly is applicable to goods exported from the territory of European Community; goods transported from Lithuania and supplied to VAT payer registered in one of the member states; new cars supplied into other member state; certain transactions related with international trade (e.g. supplied goods delivered to free zone or warehouse and appropriate customs procedures executed); etc.
9 % VAT rate is applicable to heating energy and hot water for residential premises but until 31 August 2010. 9 % VAT rate is also applicable to books and other irregular informational publications but until 31 December 2010.
The taxable period is one month. Under certain circumstances, the taxable period may be 6 calendar months or a period of other duration. The VAT statement for the taxable period must be submitted and the VAT must be paid after the end of the taxable period and before the 25th day of the next month.
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