Official Translation Official Translation REPUBLIC OF LITHUANIA LAW ON GAMING TAX May 17,
- No. IX – 326 (as amended by 2 June 27,
- No. IX - 996) Vilnius CHAPTER I GENERAL PROVISIONS Article
- Purpose of the Law This Law shall regulate the taxation of gaming (hereinafter - gaming tax ). Article
- Taxpayers Public companies and private companies (hereinafter- companies), that operate gaming according to the Gaming Law shall pay the gaming tax. Article
- Period of Taxation A calendar year quarter shall constitute the taxable period of the tax on gaming. CHAPTER II GAMING TAX Article
- Source of Gaming Tax The source of the gaming tax shall be: 1) the income obtained from operating bingo, totalisator and wagering, is the sum from which the actual winnings that have been paid out have been subtracted; 2) in operating machine gaming and table games a fixed sum shall be established for the equipment (gaming machine, roulette, card or dice table). Article
- Gaming Tax Tariff and Amount Thereof
- In operating bingo, totalisator and wagering, a tax tariff of 15% shall be applied to the gaming tax source.
- In operating gaming machine games and table games, a fixed amount of the gaming tax shall be specified for each piece of the gaming equipment as follows: 1) LTL 1800 per gaming machine of category A, each taxation period; 2) LTL 600 for a gaming machine of category B, each taxation period. 3) LTL 12,000 for a roulette, dice or card table, each taxation period. CHAPTER III PROCEDURE OF ASSESSMENT OF GAMING TAX AND PAYMENT THEREOF Article
- Procedure of Assessment of Gaming Tax and Payment Thereof
- Companies that operate bingo, totalisator and wagering shall estimate the gaming tax by correspondingly applying to the source of gaming tax the gaming tax tariff stipulated in Article 5
(1), and paying at the end of every taxation period prior to the 15th day of the next taxation period. 2. Companies that operate table games (roulette, card and dice games) and gaming machines, shall estimate the gaming tax for each installed roulette, card or dice table and installed gaming machine (including also that month when the use of this gaming equipment was commenced: (additional) license was issued to open the gaming establishment (casino), and gaming machine hall), applying the amounts stipulated in Article 5
(2)of this Law, and pay in advance no later than 5 days prior to the beginning of each taxation period.
- Each taxation period, the gaming equipment for which a gaming tax of a fixed amount has been paid, shall be affixed with a certain mark upon payment of this tax, according to the procedure established by the State Gaming Control Service.
- The gaming tax shall be paid to the local tax administrator in the territory whereof the enterprise has been registered. Article
- Procedure of Completing Gaming Tax Report and Terms of Filing
- At the conclusion of each quarter of a calendar year, the companies that operate gaming must file gaming tax reports with that local tax administrator, in the territory of the activity whereof this company has been registered, no later than the 15th of the first month of the next quarter of the calendar year.
- The Central Tax Administrator shall establish the tax report forms and procedure of completion thereof. CHAPTER IV INCLUSION OF GAMING TAX Article
- Inclusion of Gaming Tax
- The gaming tax paid in by the companies that operate gaming shall be included in the State Budget in accordance with the Gaming Law.
- At least 50 per cent of the funds obtained from the gaming tax shall be used for school computerisation. CHAPTER V FINAL PROVISIONS Article
- Liability of Companies Operating Gaming Penalties and default interest shall be applied for violations of this Law in accordance with the procedure established by the Law on Tax Administration. Article
- Coming into Force of the Law This Law shall come into force from July 1,
- I promulgate this Law passed by the Seimas of the Republic of Lithuania PRESIDENT OF THE REPUBLIC VALDAS ADAMKUS