The Lebanon government is reportedly planning to increase the standard VAT rate from 11% to 15% as part of a package of tax measures agreed to with the IMF. The increase is to be implemented gradually over a period of two years. Other measures include the introduction of new taxes on the import of certain cars, certain forms of built property, and alcoholic and sugary drinks.
Source: Orbitax
Latest Posts in "Lebanon"
- Budget 2026 Measures Include Advance Tax on Imports for Non-Compliant Taxpayers, ….
- Lebanon Plans VAT Hike from 11% to 12%, Pending Parliamentary Approval
- Lebanon Erupts in Protest as Government Hikes VAT and Gasoline Prices Amid Economic Crisis
- Lebanon’s Finance Minister Defends Tax Hike to Fund Public Sector Wage Increase Amid Protests
- Lebanon’s Austerity Dilemma: IMF-Driven Taxes Deepen Burden on Poor and Middle Class
