Walless Tax Cookies | Invest in Lithuania. Deduct smarter
2026 10 15
Investing in new machinery, software or IT equipment? In Lithuania, it may come with a tax advantage.
Under the Law on Corporate Income Tax, companies can immediately deduct the acquisition cost of certain qualifying fixed assets, in the tax period the asset is put into use. This includes machinery and equipment, computer and communication equipment, software, acquired rights and specified freight vehicles.
Conditions apply, including at least three years of business use. Assets covered by the separate investment project tax relief are excluded.
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