Lithuania’s State Tax Inspectorate has revised its rules for reporting information on crypto-asset users, clarifying the definitions of reportable users and related entities while changing requirements for reporting, self-certification, and due diligence. The update is intended to align the country’s framework with the European Union’s DAC8 directive.
Under the revised rules, relevant crypto-asset service providers and operators will be required to submit information covering users, crypto assets, and transactions. The first filing will cover data from 2026 and must be submitted by May 31, 2027. After that, reporting will take place on an annual basis.
The rules also require that the relevant data be retained for at least five years. The update was cited by Techub News, with Wu Blockchain referenced in the source item.
Lithuania’s State Tax Inspectorate has revised its rules on reporting information related to crypto-asset users, setting out clearer definitions for reportable users and related entities and changing requirements for reporting, self-certification, and due diligence. The changes are meant to align the framework with the European Union’s DAC8 directive.
Under the revised rules, relevant crypto-asset service providers and operators must report information on users, crypto assets, and transactions. The first submission will cover 2026 data and must be filed by May 31, 2027. Reporting will then continue on an annual basis, and the relevant data must be kept for at least five years.
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