Lithuania

Registration as a VAT payer becomes obligatory once the value of goods supplied and services provided in Lithuania during the current or preceding calendar year exceeds EUR 45,000; since 1 May 2025 the threshold has been assessed on this calendar-year basis rather than the rolling 12-month period used before.

Exports outside the EU and supplies to VAT payers registered in other EU member states are exempt with credit, along with goods and services for vessels and aircraft and transport linked to imports or exports. Exempt without credit supplies include healthcare, social services, education and training, culture and sport provided by non-profits, postal services, insurance and reinsurance, most financial services, and the rental or sale of immovable property.

Beyond the EUR 500 (financial instruments) and EUR 2,500 (general) annual thresholds, capital gains are non-taxable on: housing (including land) in the EEA where the seller declared residence there for the two years before sale, or reinvested the proceeds into similar EEA housing within a year; movable property registered in Lithuania or the EEA held more than three years before sale; and immovable property other than housing held more than ten years before sale.

An individual's annual gain from selling cryptocurrency, grouped with other non-registrable personal property such as furniture or clothing, is not subject to income tax and does not need to be declared where the difference between sale proceeds and documented acquisition cost does not exceed EUR 2,500; the excess is taxable at the applicable rate.