Lebanon

Decisions by the Minister of Finance to Extend Deadlines

Decisions by the Minister of Finance to Extend Deadlines

On Thursday, the Minister of Finance in the caretaker government, Yusuf Khalil, issued two decisions regarding the extension of time limits. The first decision states that "the deadline for submitting the periodic declaration for value-added tax for the second quarter of the year 2023 is extended until 31/08/2023, inclusive, along with the payment of the resulting value-added tax and the submission of refund requests made during the declaration period for this quarter." The second decision states that "the deadline for submitting the statements for the second quarter of the salary and wage tax for the year 2023 is extended until 31/08/2023, inclusive, along with the payment of the corresponding tax." This extension aims to give taxpayers the opportunity to comply with this obligation and avoid penalties.

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