Lithuania Amends Scope of Reduced VAT Rates

Lithuania has published Law No. XIV-1551 on amendments to the Value Added Tax Law in regard to the scope of the reduced VAT rate of 9%. This includes the replacement of the paragraph setting out the scope of supplies subject to the 9% rate as follows:

1. Heat energy supplied for heating residential premises (including heat energy transmitted through the hot water supply system), hot water supplied to residential premises or cold water for preparing hot water and heat energy used to heat this w…