The Ministry of Finance (MoF) has issued on 18th September 2026 two decisions granting tax penalties reductions on self-assessed VAT and Tax on salaries adjustments issued as of 16th November 2022 (publication date of the Budget Law 2022) regardless the date of the infringement and till the 31st October 2026 inclusive.
· MoF Decision 834/1 grants VAT penalties reductions of 75% on variable declaration penalties, 60% on lump sum declaration penalties and 75% on late payment penalties. Any tax penalty exceeding LBP 60 billion or USD 667,000 or the equivalent in any foreign currency is subject to a Government approval.
· MoF Decision 835/1 grants Tax on salaries penalties reductions of 50% on variable declaration penalties, 60% on lump sum declaration penalties and 75% on late payment penalties. Any tax penalty exceeding LBP 60 billion or USD 667,000 or the equivalent in any foreign currency is subject to a Government approval.