Insights

Minister of Finance Decision number 293/1 dated 20 July 2020 related to the application of the provisions of the conventions for the avoidance of double taxation signed between Lebanon and foreign countries in relation to dividends, interest income, royalties and profits from business activities.

Minister of Finance has issued Decision number 272/1 dated 14 July 2020 determining the mechanism and deadlines of filing Title 3 tax on movable capital income received by resident taxpayers outside Lebanon or transferred to foreign countries.

Minister of Finance has issued Decision number 245/1 dated 6 July 2020 determining the components of the turnover, which banks, financial institutions and financial intermediary institutions should adopt to calculate and settle the deemed tax stated in Article 20 of Law number 6 issued on 5 March 2020.

Minister of Finance has issued a Decision related to the application of Articles 1 and 2 of Law number 160 issued on 8 May 2020. This Decision determines the new deadlines of all obligations towards the Ministry of Finance after 30 July 2020