The Ministry of Finance (MoF) owing to the COVID 19’ circumstances, has issued and published the here below Decision No. 171/1 dated 27/05/2020 relating to the extension of deadlines provided for the declaration and sending of the required information by virtue of the Decree No. 1022 dated 07/07/2018 and its modifications relating to the exchange of information for tax purposes. Indeed and on the one hand, the deadlines provided for the declaration and sending by the financial institutions and banks of the information provided for in clause (3) of article 5 Decree No. 1022 for the year 2019 are exceptionally extended until September 30, 2020 instead of June 30 initially.
On the other hand, the deadlines provided for the transmission by the Ministry of Finance of information to the Partner States to which Lebanon is committed to automatically exchange financial account information (for the year 2019) provided for in clause (3) of article 5 of the Decree No. 1022 are also extended exceptionally until December 31, 2020 instead of September 30.