OrbitaxDraft Budget 2012 published
|Proposed Changes|Lebanon
6 December 2011
The Ministry of Finance published recently the draft Budget for 2012. Once approved, the measures will apply as of 1 January 2012. The most important tax measures are summarized below.
Withholding taxes
| - | The application of the reduced 5% dividend withholding tax rate will be restricted to distributions made by resident companies listed on Beirut Stock Exchange. Accordingly, the 10% s… |