Lithuania: Value Added Tax (VAT)

Alessandro PasutWhen the rental services of real estate (or a vehicle) and other services related with the exploitation of that asset constitutes a single economic supply, such services are treated as one transaction for VAT purposes. If the real estate lease agreement contains a clause that the agreement will be terminated if the lessee does not pay for at least one service which is related to the exploitation of the real estate, i.e. insurance, utilities and other services, such a clause can be the determining condition for treating such services (rental and insurance, utilities) as a single supply. If a vehicle insurance constitutes separate and independent purpose for a lessee and (or) there is a possibility for the lessee to choose whether to conclude an insurance agreement independently, such criterion can be decisive to treat vehicle rental services and vehicle insurance services as separate services.

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