Other Taxes and Rules

Recources

1- Withholding tax
Articles 41, 42 of the tax code
Amounts that are received in Lebanon by persons, companies or institutions, that do not have a presence in Lebanon are taxed based on the fol.
lowing:

  • 15% of the amounts paid are subject to a tax of 15% if these amounts are fixed.
  • 50% of the amounts paid are subject to a tax of 15% if the amounts paid are against services rendered (management and consulting fees, technical assistance, etc…)

2- Penalties
Penalties are subject to a tax rate of 5% per month up to 100% of the amount of the principal tax. Adding to
That a tax rate of 1% or 1.5% per month as Collection Tax

3- Losses
Losses can be carried forward for a period of three years following the year in which they were incurred.
The carry back of losses is not permitted.

4- Stamps
Stamp duty is payable on documents at a rate of 3/00 unless otherwise provided by law.
The general rate applies to issue share capital, leases and other agreements, etc. The rate is reduced to 1.5/00
for all commercial bills.

5- Tax on Interest Received
Interest received from bank deposit accounts, certificates of deposit, Lebanese treasury bills, debentures; etc is Subject to a tax rate of 5%.