MoF Answerback No. 425/S2 dated 12/05/2020 relating to the implementation of certain provisions of the Decree No. 3692/2016 determining the implementing provisions of the non-residents’ tax.
With reference to the Decree No. 3692 dated 22/06/20216 adopted by the Council of Ministers determining the implementing provisions of ... Read More
Capital Control Measures
قيود على التحويلات وضوابط على الأموال
Since October 17, and especially on November 2nd, Lebanese banks’ depositors and clients are subject to temporary and implicit non-regulatory ... Read More
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.
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
- من حيث التقويم ... Read More
HOW TO DO BUSINESS IN LEBANON – LEGAL & FISCAL REGULATIONS AND FRAMEWORK
- GENERAL OVERVIEW.
- 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