All the territory of Lithuania.

Legal persons and natural persons, owning taxable real estate. Tax for the immovable property owned by natural persons, but used by legal persons, is paid by those legal persons.

The tax is imposed on:

1.the immovable property (or part thereof) owned by natural persons and located in the Republic of Lithuania, with the exception of the structures (premises) intended for dwelling purposes, gardens, garages, homesteads, greenhouses, farms, subsidiary farms, science, religion, and recreation, fish-farming structures as well as engineering structures, where they are not used for economic or individual activities or have not been transferred, for an indefinite period or for a period exceeding one month, for the use of legal persons;

2.the immovable property owned by legal persons and located in the Republic of Lithuania.

Taxable value of immovable property is the average market value of the immovable property determined by mass appraisal, and for specified immovable property - determined by the recoverable value (cost) method.

The taxable value of immovable property also may be the market value of the immovable property as determined by individual valuation of the immovable property. Taxpayers may submit a request to a property valuer to consider the value of the immovable property determined by individual valuation if it differs from the value determined by the previous methods by more than 10 per cent of the value of the immovable property.

Immovable property or part thereof owned by natural persons and used for activities defined below is exempt from tax:

1.manufacture of cult articles as well as for social welfare;

2.agricultural activities including procession of the products grown;

3.for education endeavours;

4.the provision of burial services and property located in the territory of a cemetery;

5.for individual creative activities.

The following immovable property owned by legal persons or the immovable property (or part thereof) owned by natural persons and transferred, for an indefinite period or for a period exceeding one month, for the use of legal persons is exempt from tax:

1.of diplomatic missions and consular posts of foreign states, international inter-governmental organisations or missions thereof;

2.of state or municipalities;

3.of the state or municipal enterprises;

4.of the budgetary institutions;

5.of the undertakings of free economic zones;

6.used for environmental protection and fire prevention and specified general-purpose objects;

7.of a bankrupt undertaking;

8.of traditional religious communities, societies and centres and of other religiuos communities, societies and centres, but used solely for non-commercial activities or for the manufacture of cult articles;

9.used for burial services or located in the territory of a cemetery;

10.of societies for disabled persons and their enterprises;

11.of entities of agricultural activities and cooperative companies (cooperatives) the taxable profit whereof is applied the corporate tax rate of 0 per cent;

12.of multi-occupancy dwelling owners associations, home building societies, garages maintenance and gardeners' societies used solely for non-commercial activities;

13.of the charity and sponsorship funds operating under the Republic of Lithuania Law on Charity and Sponsorship used solely for non-commercial activities;

14.of science and study institutions listed in the Republic of Lithuania Law on Science and Study;

15.of educational establishments listed in the Republic of Lithuania Law on Education;

16.of establishments providing social services and operating under the Republic of Lithuania Law on Social Services;

17.of trade unions used solely for the non-commercial activities provided of association of the trade unions;

18.of legal persons operating under the Republic of Lithuania Law on Associations used solely for non-commercial activities;

19.of the Bank of Lithuania, the Lithuanian Labour Exchange at the Republic of Lithuania Ministry of Social Security and Labour and the Lithuanian Labour Market Training Authority at the Republic of Lithuania Ministry of Social Security and Labour;

20.of legal persons operating under the Republic of Lithuania Law on the Status of Artists and Their Organisations.

The structures which have not been recognised as suitable for use, where they are not actually used, is also exempt from tax.

Tax reliefs are applied in accordance with the following procedure:

1.upon the acquisition of the right to a relief, the relief shall be applied as of the month when the right to the relief was acquired;

2.upon the loss of the right to a relief, the relief shall cease to be applied as of the month following the month when the right to the relief was lost.

Municipal councils at the expense of their budgets have the right to reduce the tax or completely exempt from payment.

Taxpayers must submit a tax return of an appropriate tax period and pay the tax to the local tax administrator until 1 February of the next calendar year and the amount of the tax should be paid to the budget not later than last day specified.

Legal persons make advance payments of the tax. Each advance payment make up 1/4 of the amount calculated by applying the tax rate to the taxable value of the immovable property owned by legal person as of 1 January of the current calendar year. Advance payments of the tax shall be made respectively until 31 March, 30 June and 30 September of the current calendar year. Where the amount calculated by applying the tax rate does not exceed 1,500 LTL (€ 434.4), the legal person is not obliged to pay the tax in advance.

State Tax Inspectorate

At the request of a taxpayer, a property valuer prepare, in accordance with the procedure set forth by the Republic of Lithuania Law on the Real Property Register, an extract from the Real Property Register specifying the tax value of immovable property. These extracts for the natural persons are prepared and delivered or sent free of charge.