Lithuania’s tax authority expanded the range of corporate gifts eligible for tax deductions as representational expenses, effective 17 February 2025.
The updated regulations now include items such as sweets, edible gift sets, and alcoholic beverages under the category of limited deductible expenses.
Businesses can now consider expenses for acquiring items like souvenirs, books, and similar gifts intended for specific individuals as representation expenses. These expenses may qualify as allowable deductions within certain limits if the items are representative—for example, featuring the organization’s symbol, name, or logo, or being a book or artwork about Lithuania.
