REPUBLIC OF LITHUANIA
LAW
ON LAND TAX
1. The Object of Taxation and Taxable Entities
Article 1. The object of land tax shall be private land.
Article 2. Owners of private land shall be liable to
landtaxation.
2. Rate of Tax
Article 3. The annual rate of land tax shall be 1.5 percent
of the cost of the land (in the case of forest land -- not
including the value of trees).
3. Tax Reliefs
Article 4. Exempt from land tax shall be:
1) commonly used roads; and
2) plots of land belonging by the right of ownership to
diplomatic and consular missions of foreign states (on parity
basis).
Article 5. Tax reliefs for land under protective forest
belts and under natural monuments, as well as for land used for
the purposes of nature protection, shall be established by the
Government of the Republic of Lithuania in coordination with the
Department of Environmental Protection.
Tax reliefs for land under historical and cultural monuments
shall be established by the Government of the Republic of
Lithuania in coordination with the Inspectorate of Cultural
Heritage.
Article 6. Exempt from land tax shall be land owners who are
group I and group II invalids, old-age pensioners and minors,
provided that at the beginning of the taxation period, there are
no persons capable of work in the families of said land owners,
and provided that the size of the land plot owned by them does
not exceed the tax exempt area of land established by city and
district local government councils.
When granting tax reliefs, fulltime pupils and students of
educational institutions shall not be regarded as persons capable
of work.
Article 7. Local government councils shall have the right to
reduce the amount of land tax or to grant exemption from the
payment of land tax compensating the sums from their respective
budgets.
4. Computation of Taxes and the Procedure of Payment
Article 8. The amount of land tax shall be computed
according to the procedure established by the Government of the
Republic of Lithuania.
Article 9. New land owners shall pay taxes:
1) for the whole year if the land is acquired during the
first half of the year; and
2) beginning the following calendar year if the land was
acquired during the second half of the year.
Article 10. No tax shall be imposed on land:
1) for the same year if the land is transferred during the
first half of the year; and
2) beginning with the next year if the land is transferred
during the second half of the year.
Article 11. The term of the computation and payment of land
tax shall be established by city and district boards.
Article 12. Persons who are not taxed by the established
date shall be required to pay no more than the amount of the
previous two years. Inaccurately assessed tax revisions, tax
reimbursements, and recoveries of debt shall also not exceed the
amount of the previous two years.
Article 13. Taxpayers who fail to pay their taxes by the
required date shall be liable for a daily interest of 0.5 percent
until the tax is paid.
Vytautas Landsbergis
President
Supreme Council
Republic of Lithuania
Vilnius
25 June 1992
No. I-2675