For tax periods starting from 1 October 2016, companies and branches of foreign companies will be obliged to submit to the Lithuanian Tax Authority‘s system “i.SAF” data on VAT invoices issued and received under its Lithuanian VAT number in a standard file (“the i.SAF file”) in XML format on the monthly basis (by the 20th day of the following month). Read More »
Tag: VAT invoices
European Court of Justice: Different treatment of issuers and recipients of VAT invoices is possible
In its recent judgment (LVK-56 EOOD v. Bulgaria, C-643/11 –
http://eur-lex.europa.eu/LexUriServ/LexUriServ.do?uri=CELEX:62011CJ0643:EN:HTML)
the ECJ held that in line with Article 203 of the VAT Directive suppliers must pay any VAT included in an invoice irrespective of whether there is an underlying taxable transaction.Read More »
Michaela Merz 