Law No. 45 of August 21, 2017 amends and introduces new taxes and fees. Contrary to what has been stated by officials, these taxes are not only levied on high-income earners but also on low-income earners. The following table compares between the old and the new taxes and fees.
|
Tax |
Old ratio or value |
New ratio or value |
|
Value Added Tax (VAT) |
10% |
11% |
|
Revenue stamp |
0,003% |
0,004% |
|
Police record |
LBP 2,000 |
LBP 4,000 |
|
Phone or internet bill |
- |
2,500LBP |
|
Deed of release, delivery or deposit receipt |
100 LBP |
250LBP |
|
Bank statement |
100 LBP |
250 LBP |
|
Voucher, document, or invoice confirming receipt or deposit of money or commercial securities |
100 LBP |
250 LBP |
|
Receipt issued by phone and Internet companies, invoice, or prepaid card |
- |
2,500LBP |
|
Unpaid bill |
100 LBP |
250 LBP |
|
|
100 LBP |
250 LBP
|
|
Cement production (per ton) |
- |
6,000 LBP |
|
Higher fees on the consumption of imported spirits |
Beer: LBP 60/liter Arrack: LBP 200/liter Whiskey: LBP 400/liter
|
15% of the final price of product 35% of the final price of product 25% of the final price of product |
|
Higher fees on the consumption of imported tobacco |
- |
An increase of LBP 250 on each pack of cigarettes An increase of LBP 250 on each pack of tobacco molasses An increase of LBP 500 on each cigar |
|
Non-Lebanese passengers entering Lebanon by road |
- |
5,000 LBP |
|
Passengers travelling by air beyond 1250 km-economy class
|
LBP 50,000 |
LBP 60,000 |
|
Air traveler-business class |
LBP 70,000 |
LBP 110,000 |
|
Air traveler- first class |
LBP 100,000 |
LBP 150,000 |
|
Passengers travelling on private flights |
- |
LBP 400,000 |
|
Documents ratified by a notary public and comprising actual offers and a sum of money of LBP 20,000 and above |
LBP 10,000-0,001% |
LBP 20,000- 0,002% |
|
Will even if it includes a sum of money |
LBP 20,000 |
LBP 40,000 |
|
Back-to-back contracts (including employment contracts, real estate contracts, and contracts that should be registered with official authorities), no matter what their value and number of signatories may be |
LBP 50,000 |
LBP 100,000 |
|
General power of attorney that does not include a sum of money |
15,000LBP |
30,000 LBP |
|
Special power of attorney that does not include a sum of money |
10,000 LBP |
20,000 LBP |
|
Clearance document and arbitration instrument |
10,000 LBP |
20,000 LBP |
|
Documents, undertakings, guarantee deeds, and other obligations that do not include a sum of money |
10,000 LBP |
20,000LBP |
|
Protest transaction |
10,000LBP |
20,000 LBP |
|
Validation of documents |
5,000 LBP |
20,000LBP |
|
Translated documents ratified by a notary public, but not comprising a sum of money |
10,000LBP |
20,000LBP |
|
Notification, notice, warning, pay-off, concession and clearance letters, and any other document |
5,000 LBP |
10,000LBP |
|
A true copy of documents, instruments, and papers |
2,000 LBP |
4,000 LBP |
|
A 20-foot imported container |
- |
LBP 80,000 |
|
A 40-foot imported container |
- |
LBP 120,000 |
|
Tax on bank interest |
5% |
7% |
|
Tax on lottery prizes of over LBP 10,000 |
10% |
20% |
|
Tax on corporate profits |
15% |
17% |
|
Tax on sale contract |
- |
2% |
|
Tax on profit optimization |
- |
15% |
Source: Law No. 45 of August 21, 2017
