Executive summary
On 30 July 2020, the Lithuanian State Tax Inspectorate issued amendments to the Mandatory Disclosure Regime (MDR) rules to introduce a six-month deferral to the European Union (EU) Directive on the mandatory disclosure and exchange of cross-border tax arrangements (referred to as DAC6 or the Directive). The amendments follow the adoption of a Directive1 on 24 June 2020 by the Council of the EU allowing EU Member States an option to defer, for up to six months, the time limi…