Lithuania Gazettes Law Amending Tax Rate on Immovable Property - Bloomberg Tax

The Lithuanian Official Gazette Dec. 15 published Law No. XIV-725, amending the real estate tax law. The law includes measures: 1) setting the tax rate between 0.5 percent and 3 percent on the tax value of immovable property; and 2) amending a list of exemptions. The law enters into force July 1, 2022. [Lithuania, Government Legal Database, 12/15/21]

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source: https://news.bloombergtax.com/daily-tax-report-international/lithuania-gazettes-law-amending-tax-rate-on-immovable-property

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