Feb 7, 2023 1 min read

Lebanon - Tax Rate and Exemption Changes Announced

Lebanon amends personal income tax rates, personal allowance limits and announces official LBP to USD exchange rates.

The government of Lebanon has amended personal income tax rates and personal allowance limits for 2023 tax year in the Article 27 of Budget Law 2022, as follows:

New Tax rates:

From Annual Amount (LBP)To Annual Amount (LBP)Rate (%)Bracket Tax Amount Cumulative Tax Amount

New Personal Allowance:

Marital Status & No of Children Annual Amount in LBPMonthly Amount in LBP
Wife not Working Tax exemption:
Single37,500,000.00 3,125,000.00
Wife + Child 050,000,000.00 4,166,666.67
Wife + Child 152,500,000.00 4,375,000.00
Wife + Child 255,000,000.00 4,583,333.33
Wife + Child 357,500,000.004,791,666.67
Wife + Child 460,000,000.00 5,000,000.00
Wife + Child 562,500,000.00 5,208,333.33
Wife Working Tax exemption:
Wife + Child 037,500,000.00 3,125,000.0
Wife + Child 138,750,000.00 3,229,166.67
Wife + Child 240,000,000.00 3,333,333.33
Wife + Child 341,250,000.00 3,437,500.00
Wife + Child 442,500,000.00 3,541,666.67
Wife + Child 543,750,000.00 3,645,833.33

In addition, the government has announced an official LBP to USD exchange rates to be used for payroll calculation pruposes.

Salaries paid in cash to employees in Lebanon:

Salaries paid by cheque or bank transfers within Lebanon (not transferred from abroad):

Please contact your Mercans’ services delivery team for any additional information regarding the implications of the above change

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Tax Rate and Exemption Changes Announced

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