Friday, December 15th, 2017 |العربية
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Laws and Taxes

Higher taxes on high-and low-income earners

LBP 2.5 billion to the families of former presidents and MPs

“An ordinary budget burdened with taxes, fees, waste, and unproductive expenses in extraordinary and dangerous times”. This is what describes the 2017 budget, the first budget to be approved by Parliament since the last budget of 2005.

“Illicit Wealth Law” Protects Corruption

MAJOR GENERAL JAMIL SAYYED, GENERAL MICHEL AOUN AND THE LEBANESE FORCES TOP PLAINTIFFS

The right of expatriates descending from Lebanese origins to regain the citizenship of their country of origin has been a primary and pressing demand for the Christian political and religious forces in Lebanon. Should it happen, recovering the Lebanese citizenship would help bring back the...

Over the past two years, the Ministry of Finance has issued several circulars raising taxes on previously excluded items through a new interpretation of legal texts. The most recent circular prescribing an increase in taxes was Circular no. 4414/S1 dated December 1, 2015.

There is no question that the owner-tenant conflict has been festering for too long and requires a decisive solution. The new rent law of 2014 currently being reevaluated in a parliamentary committee, and most of the counterproposals being considered, combine some of the worst aspects of...