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The Finance Ministry on Tuesday issued a decision implementing Article 29 of the 2022 State Budget regarding income taxes on the industrial and commercial activity of taxpayers who do not reside in Lebanon but still pay Lebanese taxes. This category does not only include non-residents — those who do not live in Lebanon but may work in the country from time to time — but also a wide range of self-employed individuals and small businesses — plumbers, house painters, street vendors, etc....

Finance Ministry intervenes on tax returns for non-residents The Finance Ministry on Tuesday issued a decision implementing Article 29 of the 2022 State Budget regarding income taxes on the industrial and commercial activity of taxpayers who do not reside in…

In December 2022, many bank customers rushed to deposit their lira with the expectation they would be able to later withdraw the funds in dollars. But BDL changed the rules. BEIRUT — For over a year now, Lebanese people have been accustomed to dealing with Banque du Liban's (BDL) Sayrafa rate.BDL, in an attempt to inject fresh dollars into the market, allows depositors to withdraw US dollars from their Lebanese lira accounts at the central bank's Sayrafa exchange rate a few days after depositing their money. This rate is generally lower than the market rate,… L'Orient Today / By Wael Taleb

How BDL cheated clients out of their Sayrafa dollars In December 2022, many bank customers rushed to deposit their lira with the expectation they would be able to later withdraw the funds in dollars. But BDL changed the rules. BEIRUT — For over a yea…