The Ministry of Finance (MoF) has issued on the 26th May 2025 the decision # 496/1 (attached a scanned copy) defining the new thresholds to classify a company among the Large Taxpayers that are subject to the control and are monitored by the dedicated Large Taxpayers department at the MoF :
· If its annual turnover in 2022 reached or exceeded LBP 80 billion
· If its annual turnover in 2024 reached or exceeded LBP 400 billion (i.e. around US$ 4,470,000 at the current exchange rate)
If the company’s turnover falls below the above mentioned threshold for 3 consecutive years, it will be excluded from the large taxpayers department at the MoF.