Beirut Traders Urge Tax Repeal

The Beirut Traders Association has called on the government to withdraw the decision to impose a tariff of 0.4% on the value of imported goods to Lebanon, as stipulated in the 2027 budget bill. This fee is supposed to be applied when verifying invoices at diplomatic missions and consulates abroad. The association emphasized that this measure would hinder the import cycle and cause delays, especially since Lebanon already suffers from chronic importation hurdles. They also warned that increased costs would add to the economic burdens on Lebanese citizens amid declining purchasing power and rising inflation. The association urged for alternative methods to fund the embassies without imposing additional fees on importers.

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