TaxCube experts have experience in advising companies within the energy sector (natural gas, petroleum products, electricity and thermal energy supply companies) on various matters, including:
- Corporate income tax, real estate tax, land tax, customs, excise duty as well as labor-related tax aspects of various forms for setting up and carrying out of business activities in Lithuania;
- Legal questions, related to registration of branches in Lithuania, their accounting and financial reporting questions;
- Registration and taxation of permanent establishments of foreign companies in Lithuania for corporate income tax purposes;
- Application of special VAT and excise duty provisions on transactions on supply of LNG.
Our experts have prepared transfer pricing documentations, carried out tax reviews of energy companies as well as have been engaged in representing the interests of the Clients from this industry at supervisory institutions.