Lithuania VAT Registration Thresholds in Euro for 2015

With Lithuania's adoption of the euro effective 1 January 2015, the value added tax registration thresholds have been adjusted as follows:

• General registration threshold - Revenue of €45,000 in the previous 12 months
• Distance selling threshold - Sales of €35,000 in the current or previous year
• Intra-Community acquisitions threshold - Acquisition of goods of €14,000 in the previous year

The thresholds as reported in October 2014 resulting from the direct conversion from the previous thresho…