Lithuania has implemented the option provided in the Principal VAT Directive to introduce a scheme enabling the amount of input VAT recovered on the acquisition of certain capital assets to be adjusted over several years.
The items covered by the scheme, which is known as the 'capital goods scheme', are:
- Ìý
•ÌýÌýÌýÌý assets that are immovable in nature, including material improvement of buildings/structures; and
- Ìý
•ÌýÌýÌýÌý other types of tangible capital assets where at least four years of depreciation/amortisation
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Web page updated on 17 Mar 2025 15:00