Insights
In connection with Minister of Finance Decision No. 31-1 and Decision No. 32-1 dated 15 January 2019, the deadline for filing the tax on salaries for the fourth quarter and the related tax settlement has been extended until 28 January 2019 and the deadline for filing the VAT for the fourth quarter and the related tax settlement has been extended until 31 January 2019.
Download | Download | DownloadThe Lebanese Parliament has issued Law No. 110 dated 6 December 2018 extending the deadline of the reduction of penalties and the settlement of tax assessments for objections filed in front of the Objections’ committee till 31 January 2019.
DownloadThe Lebanese Parliament has issued Law No. 108 dated 6 December 2018 suspending the settlement of the lump-sum tax for a period of three years. All taxpayers who already settled the tax will be eligible to receive a refund as per a law that will be issued by the Lebanese Minister of Finance within a period of one month of the Law date.
DownloadIn connection with Minister of Finance Decision No. 1633/1 dated 1 November 2018, the deadline for settling the lump sum tax for year 2018 has been extended until 31 December 2018 inclusive.
DownloadKindly find attached Minister of Finance Decision No. 1583/1 dated 30 October 2018 which provides reductions on tax penalties until 31 December 2018. This decision cancels all previous decisions.
This decision covers violations occurring until its publication date in the official gazette (inclusive).
As per Article 5 of this Decision, proportional realization penalties are reduced by 85% while lump-sum realization penalties are reduced by 60%.
As per Article 7 of this Decision, late payment penalties are reduced by 75%.
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