OrbitaxLebanon Increases Non-Resident Withholding Tax for Goods and Services, VAT Registration Threshold, and Personal Income Tax Brackets
|Approved Changes|Lebanon
With effect from 1 April 2024, Lebanon has reportedly increased the non-resident withholding tax on the sale of goods and services in Lebanon. For the sale of goods, the non-resident withholding tax rate has been increased from 2.25% to 3.4%, and for the sale of services, the non-resident withholding tax rate has been increased from 7.5% to 8.5%. The increases were introduced as part of Lebanon…
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