public review and Appealing of LAND AND REAL Property TAXES Arvydas Bagdonavičius Deputy director State Enterprise Centre of Registers Lithuania “Mass registration and mass valuation of real property” Minsk, December 08-09, 2016

Public opinion in Mass valuation process documents Public Review Approval and official publication 122 Mass valuation reports: 60 reports on land value by municipality 60 reports on building value by municipality 1 report on entire land in Lithuania 1 report on all buildings in Lithuania Cooperation with mass media, municipalities, society, Ministries of Finance and Agriculture Publication of preliminary (draft) values. Correction. Approval of documents Publication of mass valuation documents Assessment of properties from the 1st of January Publication of values “Mass registration and mass valuation of real property” Minsk, December 08-09, 2016

APPEAL SYSTEM 3 2 1 “Mass registration and mass valuation of real property” Minsk, December 08-09, 2016

APPEAL STEP 1 “Mass registration and mass valuation of real property” Minsk, December 08-09, 2016

PUBLIC REVIEW Public announcement about everyone’s right to assess and comment the mass valuation documents which are publicly available Documentation for municipalities Publication of preliminary values of land and buildings on the Internet Correction of inaccuracies in mass valuation documents “Mass registration and mass valuation of real property” Minsk, December 08-09, 2016

INFORMATION OF preliminary values before APPROVAL “Mass registration and mass valuation of real property” Minsk, December 08-09, 2016

MAIN requirements for SUBMITTING COMPLAINT Difference in value not less than 20 % Report of individual valuation not older than 3 months Incorrect valuation methods used Preparation of individual valuation is not based on legislation Forest land value must not be included in the price of land parcel (for land) “Mass registration and mass valuation of real property” Minsk, December 08-09, 2016

REASONS FOR REJECTING REQUEST Missed deadlines Inappropriate party Report of individual valuation is not original Mistakes....... REASONS FOR REJECTING REQUEST “Mass registration and mass valuation of real property” Minsk, December 08-09, 2016

2011 – 2015 statisticS oN buildings “Mass registration and mass valuation of real property” Minsk, December 08-09, 2016

2011 – 2015 statisticS oN buildings “Mass registration and mass valuation of real property” Minsk, December 08-09, 2016

DEVELOPMENT of appeal sYSTEM Property Valuation Oversight Agency 1st mass valuation of land 1st taxable values of land 1st mass valuation of buildings (taxable values) Taxable values of buildings Taxable values of buildings Centre of Registers 1997 2003 2006 2011 2012 2013 2016 “Mass registration and mass valuation of real property” Minsk, December 08-09, 2016

APPEAL SYSTEM “Mass registration and mass valuation of real property” Minsk, December 08-09, 2016

Thank you for your attention! “Mass registration and mass valuation of real property” Minsk, December 08-09, 2016