Global

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  • Service: Tax, Global Indirect Tax, Global Mobility Services, Global Compliance Management Services, International Tax
  • Type: Regulatory update
  • Date: 4/10/2014

Lithuania - Method of calculation of advance corporate income tax 

April 10:  “Commentary” on the corporate income tax law, regarding a change in the method for calculating advance corporate income tax, has been amended to reflect that an entity may change the calculation method chosen in the manner specified in the rules for completion of form FR0430 of the advance corporate income tax return.

Read an April 2014 report prepared by the KPMG member firm in Lithuania: Tax, Legal, and Accounting Newsletter (April 2014)


Other topics discussed in this report concern:


  • Value added tax (VAT) rules regarding export of goods outside the territory of the European Community
  • Individual (personal) income tax monthly and annual forms of the income tax return on A class income, and their annexes



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