aA
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
It is prohibited to copy and republish the text of this publication without a written permission from UAB „BNS“.

Some 200 new points of sale of illegal tobacco emerged

204 new points of sale of illegal tobacco emerged in Lithuania, with their number going up by a...

Tourism: Lithuania had biggest growth of nights spent in EU

In 2019, the number of nights spent in tourist accommodation in the European Union (EU) is expected...

No contamination found in Curonian Lagoon fish

Tests have found no contamination in fish from the Curonian Lagoon despite the release of untreated...

Debates started to get a grip on environmental polluters

The of Lithuanian Seimas during its extraordinary session on Thursday started deliberating a package...

Lithuanian scientists create new breakthrough technology

Panevėžys Mechatronics Center (PMC) announced about the creation of a new breakthrough technology...

Top news

Skvernelis urges to refrain from attempts to reinterpret WWII consequences

Lithuanian Prime Minister Saulius Skvernelis has urged to refrain from attempts to reinterpret the...

Number of barred people up as immigration grows

The number of people barred to enter Lithuania rose last year, and the country's State Border Guard...

Some 200 new points of sale of illegal tobacco emerged

204 new points of sale of illegal tobacco emerged in Lithuania, with their number going up by a...

Savickas nominated for economy minister

Lithuanian Prime Minister Saulius Skvernelis on Friday submitted the candidature of his adviser Lukas...

No contamination found in Curonian Lagoon fish

Tests have found no contamination in fish from the Curonian Lagoon despite the release of untreated...