Lithuania Tax Agency Posts Draft Rules, FAQs on DAC7 Reporting Requirements for Digital Platform Operators

The Lithuanian State Tax Inspectorate Nov. 21 posted online draft rules and FAQs on the DAC7 reporting requirements for digital platform operators. Topics covered include: 1) the requirement for operators of digital platforms to annually report information from Jan. 1, 2023; 2) relevant definitions and legal provisions; 3) the requirement for qualifying operators to register within five working days of starting operations or within five working days of Jan. 1, 2023; 4) the procedure to register structural unit data; 5) the first reporting deadline of Jan. 31, 2024; 6) the requirement for operators to report information before Jan. 31 for ...