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…