Author: citylog
(MoF) decision #56/1
The Ministry of Finance (MoF) decision #56/1 dated 19th January 2024 (attached scanned copy) has extended the deadline for the filling and payment of the Value Added Tax (VAT) declaration of the 4th quarter of the year 2023 until 31st January 2024 inclusive.
MOF decision # 921/1
The Ministry of Finance (MoF) has issued on the 29th December 2023 the decision # 921/1 that further extended the deadline for the annual tax on salaries declarations (R5,R6,R7) the year 2022 and the payment of the related due tax (if any) till (R5,R6,R7) FY2022 till 29 February 2024 (inclusive).
Decision # 906/1
Ministry of Finance (MoF) decision # 906/1 dated 21st December 2023 (attached a scanned copy) extending the deadline set in the decision # 724/1 dated 4th October 2023, as below-detailed till the 31st January 2024.
Decree #12599
Decree #12599 dated 21st November 2023, published in the Official Gazette #49 on the 30th November 2023 (attached a scanned copy) has increased the value of the family allowances to a maximum of LBP 2,250,000 being LBP 600,000 for the spouse and LBP 330,000 for each child (up to maximum 5 children).
This increase representing 10 times the previous family allowances amounts, will be in force, starting from the month that follows the publication date of this Decree defining the increase in the annual NSSF ceiling for the family allowances contributions (which has not been published yet)
Memo #727
The National Social Security Fund (NSSF) has issued a Memo #727 on the 23rd November 2023 (attached a scanned copy) further extending the deadline to submit the annual individualized declaration of the year 2022 till the 31st December 2023.
A draft law aiming to allocate some direct tax revenues to finance the deposit recovery fund that is to be established.
A draft law aiming to allocate some direct tax revenues to finance the deposit recovery fund that is to be established.
Attorney Karim Daher
First: Clarifying the justifications and objectives
Second: Responding to some unfair, wrong, and misleading allegations and criticisms
First: Clarifying the justifications and objectives
Second: Responding to some unfair, wrong, and misleading allegations and criticisms
MOF decision # 811/1
The Ministry of Finance (MoF) has issued on the 6th November 2023 the decision # 811/1 that further extended the deadline for the declaration of the income from foreign movable assets of the fiscal year 2022 according to the article 82 of the Income Tax Law till the 29th December 2023 (inclusive).
MoF decision #769/1
Further extension of the deadline for the annual tax on salaries declarations (R5,R6,R7) the year 2022 and the payment of the related due tax (if any) till the 29th December 2023 (inclusive).
MoF decision #768/1
Further extension of the deadline for the filling and payment of the tax on salaries of the 3rd quarter of the year 2023 until the 31st October 2023 inclusive.