Advance obligations regarding tax assessment of transactions

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Advance obligations regarding tax assessment of transactions

If the tax payer has doubts regarding the truthfulness of taxation of several transactions, the Tax Administration Law of the Republic of Lithuania contains a possibility to contact the tax administration for his consent to apply the tax law provisions for the future transaction. Our lawyers will prepare the necessary documents based on which the tax administration would make the decision not to change his opinion on the taxation of the transaction for the period of five years.