1 Day
Source:
الشرق اللبنانية
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Tax deadlines extended and penalties paused
The head of the Lebanese Tax Association emphasized that the exceptional economic circumstances Lebanon is going through require extending tax deadlines and suspending fines and interest until June 15, 2026. The goal is to support institutions and companies, enabling them to continue their operations and protect jobs. He called for the approval of a law to suspend deadlines in the Parliament and for incentivizing measures that include tax exemptions and facilitation for affected sectors such as tourism and services. He believes that supporting the private sector is essential to maintain public revenues and ensure economic sustainability, despite the pressures on state resources.
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