Factsheet: Tax on natural resources

Tax on natural resources

Key Information
Full name of Instrument & Measure (English): 
Law on taxes on state natural resources (No. I-1163)
Full name of Instrument & Measure (native language): 
LIETUVOS RESPUBLIKOS MOKESČIO UŽ VALSTYBINIUS GAMTOS IŠTEKLIUS Į S T A T Y M A S (No. I-1163)
Description: 
The objective of this Law is to increase the responsibility of the users of natural resources for the effective and economical utilisation of natural resources and to compensate the amount spent by the State on the investigation of natural resources and on the measures implemented on the preservation of the amount and quality thereof.
Goal/Aim: 
Protection and sustainable management of natural resources.
Responsible Authority: 
Lietuvos Respublikos APLINKOS MINISTERIJA - Ministry of Environment of the Republic of Lithuania

Status:

Year Instrument & Measure Started: 
1991
Year Last Instrument & Measure was last Amended: 
2014