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VatCalc ยท 7 days ago
The Lebanese government announced a 1% VAT increase from 11% to 12% pending parliamentary approval, with an immediate 25% hike in petrol prices and no change to diesel. The government also aims to improve tax collection and customs duties, issue collection orders for quarries, and review maritime properties.
Middle East Online ยท 7 days ago
Lebanonโs cabinet approved a oneโpercentageโpoint increase in VAT from 11% to 12% and raised the price of a 20โlitre petrol canister by 300,000 Lebanese pounds. The government also announced a pay rise for public sector workers and retirees, while abolishing a diesel levy and increasing customs fees on shipping containers.
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