The Lithuanian State Tax Inspectorate (VMI) is starting to refund excess individual income taxes to residents’ designated bank accounts, urging taxpayers to verify their declarations.
The Lithuanian State Tax Inspectorate (VMI) has announced the commencement of automatic refunds for excess individual income tax (GPM) payments to residents who filed correct declarations. Residents who qualify for a refund will receive their funds directly in their specified bank accounts without needing to take any additional steps. The inspectorate emphasizes the importance of filing accurate income declarations, encouraging taxpayers to double-check the information provided in their submissions to avoid delays in receiving their refunds.
