Lebanon

The Ministry of Finance (MoF) issued the new Budget Law no. 10 , dated 15 November 2022, published in the Official Gazette No. 49 , which introduced several amendments to the taxes and exemptions applicable in Lebanon.

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 LL 24,000 for each working day to LL 65,000 for each working day. The Decree is effective from 03 February 2022.

Subsequently, the MoF issued Decree no. 9849 dated 12 August 2022, published in the Official Gazette on 18 August 2022, whereby the employees’ transportation allowance was amended and increased from LL 65,000 for each working day to LL 95,000 for each working day. The Decree is effective from 18 August 2022.

Moreover, the MoF issued Decree no.11224 published in the Official Gazette on 26 April 2023, whereby the employees’ transportation allowance was amended and increased from LL 95,000 for each working day to LL 250,000 for each working day. The Decree is effective from 26 April August 2023.

Furthermore, the MoF issued Decree no. 12966 dated published in the Official Gazette on 15 February 2024 , whereby the employees’ transportation allowance increased to LL 450,000 instead of the LL 250,000 for each working day starting the date the Decree was published (i.e. 15 February 2024). 

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.

Moreover, the Council of Minister, based on a proposal from the Minister of Labor, enacted Decree no. 12962 which increases in the monthly ceiling amounts for sickness and maternity social security contributions to be 5 times the minimum monthly wage.

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