Decision No. 2034/1 dated 31/12/2018 relating to the implementing provisions of article 41 of the Budget Law No. 79 dated 18/04/2018 (exemption of the work contracts from the fiscal stamp duties)

Decision No. 2034/1 issued by the Ministry of Finance on 31/12/2018 (hereinafter), has defined the implementing provisions of article 41 of the Budget Law No. 79 dated 18/04/2018 (exemption of the work contracts from the fiscal stamp duties). This Decision recalls that this exemption is limited to Lebanese employees and is conditioned by their regular registration at the National Social Security Fund (NSSF) on 19/04/2018 (and the preceding period). Moreover, this Decision subjects the work contract of employees registered after that date for the preceding period of employment, to the fiscal stamp duty in addition to the applicable penalties in the event of default or delay. It should be noted however, concerning the latter point, that the Decision has interpreted implicitly the intention of the legislator which had not provide a clear taxation in Article 41 for the period prior to 19/04/2018 concerning non-registered employees at the NSSF.

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