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Questions and Answers
What is the standard for property assessment in Lithuania?
What is the standard for property assessment in Lithuania?
How often must the tax base of all property in Lithuania be reassessed?
How often must the tax base of all property in Lithuania be reassessed?
What change is suggested to improve the property tax system in Lithuania?
What change is suggested to improve the property tax system in Lithuania?
Which aspect of the property tax system in Lithuania has received improvement?
Which aspect of the property tax system in Lithuania has received improvement?
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What is indicated as a potential improvement regarding exemptions in the property tax system?
What is indicated as a potential improvement regarding exemptions in the property tax system?
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What type of tax are both buildings and land subject to in Lithuania?
What type of tax are both buildings and land subject to in Lithuania?
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What right does a taxpayer have in cases of differing property valuations?
What right does a taxpayer have in cases of differing property valuations?
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What should policy makers consider for residential property taxation?
What should policy makers consider for residential property taxation?
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What is the taxable value of immovable property according to the Law on Immovable Property Tax?
What is the taxable value of immovable property according to the Law on Immovable Property Tax?
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Which judicial institutions can a taxpayer appeal to concerning tax disputes in Lithuania?
Which judicial institutions can a taxpayer appeal to concerning tax disputes in Lithuania?
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How often can the taxable values of immovable property be established according to the standards set forth?
How often can the taxable values of immovable property be established according to the standards set forth?
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What should be the age of documents used to establish the taxable value of immovable property not specified previously?
What should be the age of documents used to establish the taxable value of immovable property not specified previously?
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What entity performs the valuation of immovable property in Lithuania?
What entity performs the valuation of immovable property in Lithuania?
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What has changed regarding the taxation of immovable property used for burial services?
What has changed regarding the taxation of immovable property used for burial services?
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Which of the following entities can provide public services in Lithuania?
Which of the following entities can provide public services in Lithuania?
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According to the Law on Immovable Property Tax, which property is exempt from taxation?
According to the Law on Immovable Property Tax, which property is exempt from taxation?
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Which law governs the taxation of immovable property in Lithuania?
Which law governs the taxation of immovable property in Lithuania?
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What is a key feature of Lithuania's immovable property tax law following amendments?
What is a key feature of Lithuania's immovable property tax law following amendments?
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Which services may be provided by private entities under the new property laws?
Which services may be provided by private entities under the new property laws?
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Which of the following is true regarding the management of immovable property in Lithuania?
Which of the following is true regarding the management of immovable property in Lithuania?
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What area was specifically mentioned as being exempt from immovable property tax under the previous law?
What area was specifically mentioned as being exempt from immovable property tax under the previous law?
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What is the time frame within which a tax overpayment is refunded if the request is substantiated?
What is the time frame within which a tax overpayment is refunded if the request is substantiated?
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To whom can a taxpayer appeal if their refund request is refused by a local tax administrator?
To whom can a taxpayer appeal if their refund request is refused by a local tax administrator?
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Which institution is responsible for disputes between the taxpayer and the Central Tax Administrator?
Which institution is responsible for disputes between the taxpayer and the Central Tax Administrator?
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What must occur before a tax dispute can be settled?
What must occur before a tax dispute can be settled?
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Which of the following is NOT considered a basis for tax disputes?
Which of the following is NOT considered a basis for tax disputes?
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What is the role of the Central Tax Administrator regarding decisions made by local tax administrators?
What is the role of the Central Tax Administrator regarding decisions made by local tax administrators?
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According to the Law on Tax Administration, what constitutes a 'tax dispute'?
According to the Law on Tax Administration, what constitutes a 'tax dispute'?
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Which party can initiate a tax dispute in response to a tax administrator's decision?
Which party can initiate a tax dispute in response to a tax administrator's decision?
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What fraction of the received yield from cultivated land was allocated to the state?
What fraction of the received yield from cultivated land was allocated to the state?
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Which tax replaced tributes in kind during the monetary transition in the Grand Duchy of Lithuania?
Which tax replaced tributes in kind during the monetary transition in the Grand Duchy of Lithuania?
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What was the plough tax amount for an ox plough?
What was the plough tax amount for an ox plough?
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Who was exempt from the chimney-money tax established in 1775?
Who was exempt from the chimney-money tax established in 1775?
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Which year did Lithuania re-establish its statehood, leading to a new tax system?
Which year did Lithuania re-establish its statehood, leading to a new tax system?
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Which type of tax was considered an immovable property tax in the Grand Duchy of Lithuania?
Which type of tax was considered an immovable property tax in the Grand Duchy of Lithuania?
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What primarily determined the taxable unit for the plough tax?
What primarily determined the taxable unit for the plough tax?
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By the 16th century, what happened to tax payments in the Grand Duchy of Lithuania?
By the 16th century, what happened to tax payments in the Grand Duchy of Lithuania?
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Study Notes
Property Tax in Lithuania
- Lithuania's real property tax system is seen as a potential source of revenue for local governments but could be improved.
- Both buildings and land taxes are assessed based on market value.
- Mass valuation methods are used for assessing, with reassessments every five years.
- Taxpayers have the right to appeal discrepancies between mass valuation and individual valuation.
- Potential improvements to the system include unifying taxation rules for buildings and land, broadening the tax base by eliminating exemptions, and establishing a socially just threshold for residential property taxation that generates revenue at acceptable rates.
Historical Context
- The 13th century saw the formation of the Lithuanian State, with more focus on taxation.
- Until the 16th century, taxes were paid in kind, and afterward, they shifted to money.
- The Grand Duchy of Lithuania lacked a common monetary system, with tax variations across lands occupied by Belarusians, Ukrainians, and Russians.
- Tax types in the Grand Duchy included the plough tax (based on cultivated land area, with rates varying based on ox or horse yokes) and chimney-money (levied on chimneys in private estates, taverns, and town houses, with exemptions for Jewish houses).
- After Lithuania regained statehood in 1918, a new tax system was established, temporarily retaining taxes levied under the Tsarist rule (such as land tax, land construction tax, and other levies related to property).
Tax Administration
- The Law on Immovable Property Tax lists a number of objects that were exempt from taxation, such as property used for burial ceremonies, social services, education, cemetery property, or property used for burial services.
- However, these exemptions have since been repealed, making such properties taxable.
- The tax administrator has the right to verify taxpayer requests for overpayment refunds.
- The tax administrator can either approve or deny refund requests.
- Appeals against denied refund requests can be made to the Central Tax Administrator.
- Tax disputes are addressed through a pre-hearing procedure involving the Central Tax Administrator and the Commission on Tax Disputes under the Government of the Republic of Lithuania.
Valuation
- The Law on Immovable Property Tax specifies the average market value as the taxable value of immovable property.
- For commercial and residential properties, gardens, garages, and ancillary farms, valuations are based on the latest mass valuation documents approved by the Government of the Republic of Lithuania.
- The valuation of engineering structures and other unspecified immovable property is done every five years.
- The valuation of immovable property reflects the purpose of the property.
Recent Developments
- Private entities can also provide public services in areas including transportation, education, health, social security, culture, tourism, public order, and public safety.
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Description
Explore the nuances of Lithuania's property tax system, including its assessment methods and historical context. This quiz will also delve into potential improvements to enhance revenue generation for local governments while ensuring social equity. Test your knowledge on how property taxation has evolved over the centuries.
