OrbitaxOrbitax

Lebanon Increases Non-Resident Withholding Tax for Goods and Services, VAT Registration Threshold, and Personal Income Tax Brackets

|Approved Changes|Lebanon
Lebanon

With effect from 1 April 2024, Lebanon has reportedly increased the non-resident withholding tax on the sale of goods and services in Lebanon. For the sale of goods, the non-resident withholding tax rate has been increased from 2.25% to 3.4%, and for the sale of services, the non-resident withholding tax rate has been increased from 7.5% to 8.5%. The increases were introduced as part of Lebanon's Budget Law for 2024, which further provides the non-resident withholding tax should be settled in…

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.