What sources does Taxxa search?

Taxxa searches a continuously updated collection of more than one million pages from tax authorities, government publications, legislation and case law across the European jurisdictions it covers. Every response cites the underlying material, so a professional can inspect the rule, its jurisdiction and whether it is current before relying on the result.

Can Taxxa work with a team’s own documents?

Yes. Research can combine the public knowledge base with a team’s own PDF, DOCX, CSV and TXT files in one workspace. That makes it possible to compare a client document with the relevant guidance, trace a conclusion to its source and prepare a draft without losing the evidence that supports it.

Who is Taxxa built for?

Accountants, auditors, tax advisors, payroll specialists, bookkeepers and advisory teams working across European jurisdictions. Shared workspaces keep research available to colleagues, and citations make review easier.

Where is customer data stored, and is it used to train models?

Customer data stays in the European Union and is never used to train language models.

Does Taxxa replace professional judgement?

No. Taxxa is a research and drafting workspace. It helps professionals reach an informed starting point faster; the professional still reviews the evidence and makes the final decision. It does not file returns, post bookkeeping entries or give legal advice.

Lithuania Accounting & Reporting news

Thursday, 29 October 2026

Regulatory changes detected daily from official sources across Europe. Create a free account to follow your jurisdictions and ask Taxxa what a change means in practice.

Non-Profit & Charity Accounting RulesLietuvos auditorių rūmai3 days ago20 documents

Lithuania clarifies when non-profits book receipts as sales or financing

Membership fees for member activities count as sales revenue; project grants tied to incurred costs count as financing, with financing income recognised alongside the compensated costs.

Industry: Across industries

ESG & Sustainability ReportingLietuvos auditorių rūmai1 week ago20 documents

Sustainability reporting simplified; value-chain requests capped

Two 21 September 2026 regulations cut mandatory datapoints by over 60% and cap value-chain data demands at the voluntary standard; Lithuania phases scope in from listed financials for FY2026.

Industry: Across industries

Bookkeeping & Financial Statement RequirementsLietuvos auditorių rūmai3 weeks ago2 documents

VK/LAR audit conference turns to group audits; Teams link, 10 Nov signup

The VK/LAR joint conference on 12 Nov 2026 is now about public-sector group audits; remote access moved to MS Teams with links on 11 Nov, registration runs to 10 Nov, and attending auditors earn 4 CPD hours.

Industry: Accounting, bookkeeping and auditing activities; tax consultancy

ESG & Sustainability ReportingEtar3 weeks ago

Finance Ministry approves 2026–2028 business burden-cut plan

Order No. 1K-309 sets 2026–2028 burden cuts: VMI-assessed liabilities, pre-filled returns, customs easing, EU-fund check cuts and Directive (EU) 2026/470 sustainability-reporting simplification.

Industry: Across industries

Public Sector Accounting Standards (IPSAS)Etar3 weeks ago

Lithuania updates fund financial-statement standard

Order 1K-302 updates the 26th VSAFAS on funds' statement sets: separate fund books, tax-loan lines, reserve presentation and financing flows as operating cash flows, for periods from 1 January 2026.

Industry: General public administration activities

Public Sector Accounting Standards (IPSAS)Etar3 weeks ago

Lithuania adds 'other entities' row to explanatory-note tables

Order 1K-301 adds a residual 'Kiti subjektai' row to annexes 1 and 2 of the 6th VSAFAS and restates the annex 4 table header; applicable to sets for periods from 1 January 2026.

Industry: Administration of the State and the economic and social policy of the community

Public Sector Accounting Standards (IPSAS)Etar3 weeks ago

Lithuania restates public-sector tax-revenue standard; 3 levies exit in 2027

Order 1K-303 restates the 9th VSAFAS on tax, social and fund revenue; natural-resource, hydrocarbon and pollution levies move to the 'other revenue' standard for periods from 1 January 2027.

Industry: General public administration activities

Bookkeeping & Financial Statement RequirementsEtar2 months ago

Zarasai repeals local write-off rules for assets below EUR 15,000

Decision No. T-161 of 4 September 2026 repeals the 2015 local write-off procedure for assets below EUR 15,000; cases now run under the restated national procedure.

Industry: General public administration activities