OrbitaxOrbitax

Lebanese Parliament has Adopted Revised Legislation to Increase Tax Rates

|Approved Changes|Lebanon
Lebanon

The Lebanese parliament has reportedly adopted amended legislation to increase revenue, including an increase in the corporate tax rate from 15% to 17% effective January 2017 and an increase in the value added tax rate to from 10% to 11% effective October 2017. Legislation for the increased tax rate was originally enacted in August 2017, but in September 2017, Lebanon's Constitutional Court issued its decision abolishing the law after it was challenged on constitutional grounds ({News-2017-10…

Continue reading with a Pro Subscription

Unlock full Orbitax Tax News content, including a historical database of tax news, alerts, and analysis from our network of tax experts, all tailored to your company footprint. Now includes Orbitax XatBot AI Tax Assistant.

Free trial available. Cancel anytime. Free Orbitax account required.

Already a Pro or Pro+ subscriber? Sign in to Orbitax to continue reading.