Taxes in Europe Database v2
Law on State Natural Resources tax, No. I-1163, adopted by Supreme Council (Reconstituent Seimas) of Republic of Lithuania in 1991/03/21, the new version on Law on State Natural Resources tax came into force in 2006/05/25. Recent revision of Law on Natural Resource tax came into force in 2010/01/01. Recent amendment of Law Tax on State Natural Resources has been made in 17th April and 7th October 2014, which came into force in 2015/01/01.
From 2010/01/01, the tax on minerals and water resources is allocated in the following way:
These funds are used for a purpose of financing measures provided for the special municipal Environmental Protection Support Programm.
The tax on hunting is allocated in the following way:
Income of economic sanctions comes to state budget for financing of environmental security programme.
All the territory of the Republic of Lithuania.
Taxpayers are natural and legal persons extracting State natural resources of the Republic of Lithuania in the manner prescribed by law.
The extracted state natural resources.
The amount of the extracted natural resources extracting by legal and natural persons.
Peat, used for medical purposes, are exempt from taxes.
Tax rates are presented in the Annex of Law and set for one cubic meter of extracted natural resources, except amber and hunting. The rate on amber is set for 1 kg of extracted resource and hunting tax set for 1 ha of hunting area.
The rates of the natural resource tax shall be indexed in accordance with the procedure laid down by the Government or institutions authorized by it by applying the consumer price index.
The natural resource tax with an increased tenfold tax rate is applied in case for concealing the amount of extracted resources.
The tax on natural resources, with the exeption of hunting tax, must be paid not later than by the last day of the first month of the following calendar quarter.
The hunting tax must be paid before the 1st of February of the following year
The State Tax Inspectorate.
The tax rates on minerals and underground water extraction were increased to ensue resources use in most rationale way and to seek for ways where possible to change them by indirect materials.