|
|
BUILD PROPERTY TAX
It is a tax
imposed on the net income of built property, which can
be real or estimated and after certain deductions such
as expenses of common services provided by by the
propreator for the tenant as lift expenses and
maintenance, central heating, hot water, concierge
The tax is divided to a flat rate and progressive rate
based on the net annual income of built property owned
by individuals or companies and located in Lebanon.
The tax is calculated as follows:
Flat rate:
Progressive rate:
- 2% on revenue between LL 20 million and 40
million
- 4% on revenue between LL 40 million and 60
million
- 7% on revenue between LL 60 million and 100
million
- 10% on revenue between LL 100 million and 180
million
- 13% on revenue greater than LL 180 million
|
|
|