Taxes

MoF Answerback No 1152/S2 dated October 2, 2019 on mode of taxation of retirement pension payable in France to a Lebanese retired resident.

In compliance with the regulated tax inquiries as per the provisions of article 26 of the Law No 44/2008 on ... Read More

ملاحظات أولية على إقتراح قانون معجل مكرر بمنح عفو عام عن عدد من الجرائم

  • في نطاق القانون وإستثناءاته.
  تجدر الإشارة بادئ ذي بدء إلى التمايز الحاصل فيما بين الأسباب الموجبة ونص ... Read More

ملاحظات أولية على إقتراح قانون معجل مكرر يرمي إلى إنشاء محكمة خاصة للجرائم المالية

ملاحظات أولية على إقتراح قانون معجل مكرر يرمي إلى إنشاء محكمة خاصة للجرائم المالية

HOW TO DO BUSINESS IN LEBANON – LEGAL & FISCAL REGULATIONS AND FRAMEWORK

  • GENERAL OVERVIEW.
  Why Lebanon?
  • Because it has a tolerant, suitable and open legal system with acceptable ... Read More

Legal obligations related to the declaration of the Beneficial Owner

In accordance with the applicable laws and regulations in force, notably the Law No. 106 dated 06/12/2018, which amended and ... Read More

MoF Answerback No 1385/S2 dated October 22, 2018 on taxation of income from Foreign Movable Assets

Further to the Ministry of Finance (MoF) Decision No. 1432/1 dated September 17, 2018 issuing new forms to be adopted ... Read More

Law No. 85 dated October 10, 2018 amending some provisions of the Law-Decree No. 46/1983 (Lebanese Offshore Companies)

The Law No. 85 dated October 10, 2018 has authorized the incorporation of a single member offshore company in Lebanon ... Read More

Alert Reminder on the Lump Sum Tax

This is to remind you that the Ministry of Finance (MoF) has issued a notification #1657/S1 dated 21st May 2018 ... Read More

Practical legal tax proposals aiming to reach fairness and sustainable development

The Lebanese Association for Taxpayers’ Rights (ALDIC) suggests hereafter several preliminary tax measures and urgent amendments to the current laws, ... Read More

Briefing of Tax Law 64 dated 26 October 2017

The Law #64 that amended some tax articles and introduced new taxes to finance the increase of wages & salaries ... Read More

Offshore Petroleum Fiscal Law (Regime)

The Lebanese Parliament has voted on September 19th, 2017 the Law on the Offshore Petroleum Fiscal Regime. This Law is ... Read More

Executive Summary of the major taxes’ increases and changes

Executive Summary of the major taxes’ increases and changes by virtue of the Law No. 45 dated 21/08/2017   Tax ... Read More

Modification of the Social Security National Fund contributions

Modification of the Social Security National Fund contributions (Law No27 dated 10/02/2017 and Decision of the Minister of Labor No ... Read More

CRS Definition of Active Non-Financial Entities (NFE)

the criterion to qualify for the Active NFE status for “active NFEs by reason of income and assets” as follows: ... Read More

CRS Indicia search to determine the Residence

A Reporting Financial Institution may not rely on a self-certification or Documentary Evidence if the Reporting Financial Institution knows or ... Read More