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The Seimas of Lithuania lacked several votes on Tuesday to accept a proposal to expand the real estate tax base as of 2020 for consideration and returned it to the government for improvement.
Klaipėdoje, Melnragėje, daugiabučio namo statyba
Klaipėdoje, Melnragėje, daugiabučio namo statyba
© DELFI / Virginija Spurytė

41 lawmakers voted in favor of the consideration of such amendments, 26 were against and 25 abstained.

Mykolas Majauskas of the opposition conservative Homeland Union – Lithuanian Christian Democrats asked whether calculations had been made to estimate how many single people, especially pensioners, would have to pay such a tax, and Finance Minister Vilius Sapoka said there would not be that many of them.

Meanwhile, Ingrida Simonyte, a HU-LCD member and chair of the parliamentary Committee on Audit, predicted that rich people would try to avoid paying such a tax by moving their personal assets "to their companies".

And liberal MP Simonas Gentvilas was angered by the fact that a real estate tax exemption was left I place for farmers.

The proposed amendments would see the reduction of the non-taxable value of non-commercial real estate from 220,000 to 100,000 euros.

If such changes are adopted, the state and municipalities would net around 9.2 million euros in additional revenue a year.

BNS
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