#Walless Tax Cookies: Will you become rich from 2026?
The Centre of Registers has announced preliminary tax values for real estate from 2026 in Lithuania. These new tax values will apply for Real Estate Tax (RET) calculations for at least the next 3 years. The last valuation took place in 2020, and the numbers show that property values have increased significantly, in some cases, even doubled.
Valuation triggered tax increases for residential properties owned by individuals will, in most cases, be compensated by the increased non-taxable allowances and reduced rates from 2026. Commercial property owners and corporate owners in general should budget a major increase in their RET amounts, unless municipalities lower RET tariffs or introduce other incentives.
You can check if you will be rich in 2026 here: https://shorturl.at/vY399
Follow #WallessTaxCookies series on LinkedIn