Insights
In connection with Minister of Finance Decision No. 2010/1 dated 27 December 2018, a special deduction of LBP 20 million will be granted to some taxpayers when declaring the built property tax on some housing units starting 1 January 2018.
There is no need to receive any prior approval from the Ministry of Finance to benefit from this deduction.
DownloadIn 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.
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