Lebanon Budget 2026 Measures Include Advance Tax on Imports for Non-Compliant Taxpayers, Increased UBO Penalties, and Others

Lebanon's Ministry of Finance published the Citizen Budget 2026 on 14 April 2026, providing guidance on the Budget Law for 2026, which was approved by parliament at the end of January 2026 and signed into law on 10 February 2026. The main tax measures include:

• A 1.5% advance tax is introduced on import transactions carried out by taxpayers that have failed to comply with income tax and VAT return requirements in the previous three years, with the tax collected by the Customs Administration…