Insights

Minister of Labor has issued Decree number 6877 related to scholarship allowances granted to employees and workers for academic year 2019-2020. This Decree defines the conditions to benefit from this scholarship in addition to the related amounts and tax treatments.

Minister of Finance reply to the Association of Lebanese Industrialists' (ALI) letter regarding the tax treatment of FX losses/gains.

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.