Which form is used to apply for income tax adjustment and refund for the immovable property sold
Which form is used to apply for income tax adjustment and refund for the immovable property sold
If you received income from a Lithuanian company for the sale of immovable property located in Lithuania on which income tax was withheld, you can claim income tax adjustment and refund by submitting Form FR0464 to the State Tax Inspectorate for income tax adjustment after the deduction of purchase costs incurred.
You can submit the application to the State Tax Inspectorate either in the calendar year in which the immovable property was sold or at the end of the year.
The most convenient way to submit the application is to use My STI.
For information on how to become a user and log in to My STI, please see here.
The completed hard copy of Form FR0464 may also be submitted directly upon arrival to the STI* or sent by post to the STI.
If you do not submit the application, you are still able to claim your income tax refund by submitting Form GPM314 (Annual Income Tax Return of a Non-Resident of Lithuania) together with its Annex GPM314B Income received in Lithuania. However, please note that in this case you will receive your income tax refund from 15 February next year at the earliest.
* Please note that you have to schedule an appointment in advance before your arrival to the STI Service Division. You may book your appointment by calling 8 5 2191 777.