Taxes in Europe Database v2
Law on the leasing of land No. I-354, adopted by Parliament of Republic of Lithuania in 1993/12/23, and was abolished in 2001/07/01 when the new Civil Code of the Republic of Lithuania came into force, which was adopted by Parliament of Republic of Lithuania in 2000/07/18.
The procedure of tax on leasing of state-owned land is established by the Government of the Republic of Lithuania: 1992/03/13 decision of the Government of the Republic of Lithuania No. 160 was replaced by 1993/08/23 decision No. 602, which was replaced by 2002/11/19 decision No. 1798 and 2003/11/10 decision No. 1387.
The territory of the Republic of Lithuania.
The lessee or user of state-owned land.
When the state-owned land is leased in the auction, the highest proposed land lease tax applies. Otherwise, land lease tax base is the average market value of the land determinated by mass appraisal.
Local government councils have the right to reduce the amount of land tax or to grant exemption from the payment of land tax reimbursing due tax sums from their respective budgets.
The annual rate of leased state-owned land tax is within the range of 0.1 - 4 percent of the nominal value of the land (in the cases when the state-owned land is not leased in auctions). Each municipality has a right to establish its own rate within the latter range.
Tax due date is 15 November of the same year.