OFFICIAL TRANSLATION REPUBLIC OF LITHUANIA LAW ON LOTTERY AND GAMING TAX 17 May 2001 No IX-326 Vilnius (New version as o

OFFICIAL TRANSLATION REPUBLIC OF LITHUANIA LAW ON LOTTERY AND GAMING TAX 17 May 2001 No IX-326 Vilnius (New version as of 1 July 2003 - No IX-1662) CHAPTER ONE GENERAL PROVISIONS Article

1. Purpose of the Law This Law shall regulate the taxation of lotteries and gaming (hereinafter referred to as the “lottery and gaming tax”). Article
2. Payers of Lottery and Gaming Tax Lottery and gaming tax shall be paid by legal persons that operate lotteries in accordance with the Law on Lotteries and gaming in accordance with the Gaming Law. Article
3. Taxable Period The taxable period in respect of lottery and gaming tax shall be one quarter of a calendar year. CHAPTER TWO LOTTERY AND GAMING TAX Article
4. Lottery and Gaming Tax Base The lottery and gaming tax base shall be: 1) in respect of lotteries, the total face value of the tickets distributed in a lottery; 2) in respect of bingo, totalisator and betting, the total amount of proceeds less the amount of prizes actually paid out; 3) in respect of machine gaming and table games, a fixed amount for each gaming device (gaming machine, roulette, card or dice table). Article
5. Lottery and Gaming Tax Rate and Amount
6. When operating lotteries, a tax rate of 5% shall be imposed on the lottery and gaming tax base.
7. When operating bingo, totalisator and betting, a tax rate of 15% shall be imposed the lottery and gaming tax base.
8. When operating machine gaming and table games, a fixed tax amount shall be imposed on each gaming device: 1) LTL 1 800 per gaming machine of category A for each taxable period; 2) LTL 600 per gaming machine of category B for each taxable period; 3) LTL 12 000 per roulette, card or dice table for each taxable period. CHAPTER THREE LOTTERY AND GAMING TAX ASSESSMENT AND PAYMENT Article
9. Lottery and Gaming Tax Assessment and Payment
10. Legal persons operating lotteries, bingo, totalisator and betting shall assess the lottery and gaming tax on the basis of the tax rate specified in paragraph 1 or 2 of Article 5 of this Law and shall pay it to the budget after the end of each taxable period before the 15th day of first month of the next taxable period.
11. Legal persons operating table games (roulette, card and dice games) and machine gaming shall assess the lottery and gaming tax for each installed roulette, card or dice table and gaming machine on the basis of the amounts specified in paragraph 3 of Article 5 of this Law and shall pay it not later than within 5 days after the beginning of a taxable period. The first taxable period of lottery and gaming tax per gaming device shall be a quarter of the calendar year, during which a permit to open a gaming machine hall, a bingo hall or a gaming establishment (casino) has been issued or amended. The lottery and gaming tax per gaming device shall be assessed and paid during the first taxable period not later than within 5 days after the day when the permit to open a gaming machine hall, a bingo hall or a gaming establishment (casino) was issued or amended.
12. A special mark shall be attached, in accordance with the procedure established by the State Gaming Control Commission, to gaming devices in respect of which a fixed amount of lottery or gaming tax is paid after the said tax has been paid for each taxable period.
13. Lottery and gaming tax shall be paid to the local tax administrator in the territory of which the enterprise is registered. Article
14. Terms and Procedure for Filling Out and Submitting Lottery and Gaming Tax Returns
15. Legal persons operating lotteries and gaming shall, after the end of each quarter of the calendar year but not later than the15th day of the first month of the next quarter, file lottery and gaming tax returns with the local tax administrator in the territory of which the said legal person has been registered.
16. The form of lottery and gaming tax returns and the procedure of filling them out shall be established by the central tax administrator. CHAPTER FOUR ENTRY INTO THE BUDGET Article
17. Entry into the Budget
18. Lottery and gaming tax paid by legal persons operating national lotteries in accordance with the Law on Lotteries and gaming in accordance with the Gaming Law shall be entered in the state budget.
19. Lottery and gaming tax paid by legal persons operating local lotteries in accordance with the Law on Lotteries shall be entered in the budget of the municipality which has issued a lottery operating licence. CHAPTER FIVE FINAL PROVISIONS Article
20. Liability for Violations of this Law Violations of this Law shall incur penalties and late-payment interest in accordance with the procedure established by the Law on Tax Administration. I promulgate this Law passed by the Seimas of the Republic of Lithuania. PRESIDENT OF THE REPUBLIC VALDAS ADAMKUS