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Lithuania Publishes Order Clarifying CbC Reporting Requirements

|Approved Changes|Lithuania
Lithuania

Lithuania has published the State Tax Inspectorate (STI) Order No. VA-93 of 2 November 2017 on Lithuania's Country-by-Country (CbC) reporting requirements, which were adopted in May 2017 and apply for fiscal years beginning on or after 1 January 2016 for MNE groups meeting the standard EUR 750 million threshold ({News-2017-06-22/A/3-previous coverage}). The Order makes certain amendments to correct and clarify the initial STI Order on the rules, including in relation to certain definitions, …

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