Legislative Developments
Tax Increase

In 2017 the Lebanese Parliament passed law No. 64 which increased a number of the taxes as follows:

  • VAT: was 10%, increased to 11%
  • Stamp Duty: was 0.3%, increased to 0.4%
  • Corporate tax: was 15%, increased to 17%
  • Interests on bank account: was 5%, increased to 7%