Lithuania's State Tax Inspectorate has published draft amendments to crypto-asset reporting rules, implementing DAC8. The proposals update key definitions, clarify reporting and registration requirements, and set out submission procedures for data on reportable crypto-asset users.
Lithuania’s State Tax Inspectorate (VMI) published on 24 March 2026 draft amendments to the rules on reporting information about reportable crypto-asset users, aligning with the Amending Directive to the 2011 Directive on Administrative Cooperation (2023/2226) (DAC8).
The amendments include:
Updated definitions:
- Existing individual crypto-asset user – a physical person who established a relationship with a data-providing crypto-asset service provider before 31 December 2025.
- Existing crypto-asset user entity – a legal entity that established a relationship with a provider before 31 December 2025.
- Reportable person/user – any individual or entity residing in an EU Member State or a non-EU state who must be reported to the tax administrator.
- Legal framework – all terms are aligned with EU Regulation 2023/1114 (MiCA), the General Data Protection Regulation (GDPR), and the Lithuanian Law on Tax Administration.
Reporting and registration requirements
- Exemptions for reporting in other jurisdictions – data providers fulfilling due diligence and reporting obligations in another EU member state or qualified non-EU jurisdiction under equivalent rules may notify VMI and be exempt from certain Lithuanian reporting requirements.
- Notification deadlines – providers reporting in other jurisdictions, and crypto-asset operators registering in Lithuania, must submit the relevant free-form notification or registration request to VMI by 31 May of the year following identification as a data provider.
- Registration process – VMI will complete registration within five working days of receiving requests, assigning an individual identification number, which is shared with the competent authorities of all EU Member States.
Submission methods and verification
Notifications and registration requests may be submitted via:
- In-person delivery to any county tax inspectorate (AVMI)
- Post (regular or registered mail)
- Email (vmi@vmi.lt)
Identity verification is required for in-person submissions. Agents may submit documents if proof of representation is provided, with notarisation not required if authorisation is registered in the Register of Powers of Attorney. Submissions by post or email generally require notarised copies of identity and representation documents.
Data to be reported
Crypto-asset operators must indicate in their registration requests the Member States and non-Member States where reportable users reside. Reported data must include the country of residence for tax purposes and the Tax Identification Number (TIN/MMIN), including the issuing state.
