Two decisions related to extending the deadlines were issued by the Minister of Finance. These are their details


The Minister of Finance in the caretaker government, Yousef Al-Khalil, issued two decisions extending deadlines related to the holder of the economic right and the payment of the tax.

The first decision stated:

“The deadline for submitting the annual declaration, submitting the statement of the holder of the economic right (Form M18), and paying the tax for the year 2023 for income tax taxpayers on the basis of real profit from individuals, companies of persons, and institutions excepted from income tax, other than companies that adopt the system, is extended until 04/30/2024 inclusive. The due date for its accounting, and the deadline for submitting the annual declaration of amounts subject to tax, Articles 41 and 42 of the Income Tax Law (Form C5).

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As for the second decision:
“The deadline for paying the tax, submitting the annual declaration, and submitting the statement of the holder of the economic right (Form M18) for the year 2023 is extended, up to 04/30/2024 inclusive, for income tax taxpayers on the basis of lump sum profit and for institutions excluded from income tax other than companies that rely on the cash system in their accounting. The deadline for submitting the annual declaration of amounts subject to tax is Articles 41 and 42 of the Income Tax Law (Form C5).”

These two decisions come in order to provide taxpayers with the opportunity to adhere to this obligation and avoid imposing fines on them.

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