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Lithuania Approves Order for Implementation of DAC8

|Approved Changes|Lithuania
Lithuania

Lithuania's State Tax Inspectorate (STI) has announced the approval of Order VA-119 to implement Council Directive (EU) 2023/2226 of 17 October 2023 (DAC8), including new reporting and due diligence obligations for crypto-asset service providers. Approved by the European Council in October 2023, the provisions of DAC8 are largely based on the Crypto-Asset Reporting Framework (CARF) developed …

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