Individual - Significant developments

Last reviewed - 22 July 2022

The Ministry of Finance (MoF) issued the new Budget Law No. 144, dated 31 July 2019, published in the Official Gazette No. 36, dated 31 July 2019, which introduced several amendments to the taxes and exemptions applicable in Lebanon.

In response to the coronavirus (COVID-19) threat, the Lebanese MoF issued Decision No. 185, dated 19 August 2020, where it suspended the deadlines for all tax obligations to 31 December 2020 followed by a new Memo No. 1000 on 9 December 2020 where it extended the deadlines for all tax obligations previously suspended.   

As per decree no. 8740 dated 28 January 2022, published in the official gazette on 03 February 2022, the employees’ transportation allowance will be amended and increased from LBP 24,000 for each working day to LBP 65,000 for each working day. The decree is effective from 03 February 2022.

 In addition, the Ministry of Labor  issued decree no. 9415 dated 16 June 2022 related to the adjustment of the monthly ceiling of the “Sickness and maternity” for the purpose of calculating the NSSF contribution.  The decree is applicable starting 1 July 2022.

The major tax amendments and exemptions are incorporated in the appropriate summary sections.