On 28 August 2026, the Lebanese Ministry of Finance (MoF) issued Decision No. 751/1, officially suspending a range of tax and administrative deadlines pertaining to real estate matters. This decision operates under the framework of Law No. 46, enacted on 27 July 2026, which provides for the general suspension of legal deadlines amid ongoing economic and administrative challenges. The measure aims to alleviate compliance burdens for taxpayers, notaries, and real estate professionals by extending filing and payment timelines for property-related taxes, including built property tax, capital gains on real estate transfers, and fiscal stamp duties on property contracts. The suspension applies retroactively to deadlines falling within a specified period and remains in force until further notice, pending the stabilization of the regulatory environment. The decision was published with an attached scanned copy, confirming its formal entry into force and providing legal certainty for all stakeholders involved in real estate transactions and tax compliance.
Key Takeaways
- Scope of Suspension: The decision covers all statutory deadlines for real estate tax declarations, payments, and related formalities, including the built property tax (annual and quarterly), capital gains tax on property transfers, and fiscal stamp duties on real estate contracts and deeds.
- Operational Relief for Stakeholders: Taxpayers, notaries, and legal practitioners benefit from an automatic extension without the need for individual applications, reducing the risk of penalties and interest accruals during the suspension period.
- Alignment with Law 46: Decision 751/1 operationalizes the broader suspension mandated by Law 46, ensuring that real estate tax obligations are harmonized with the general moratorium on legal deadlines, thereby providing legal certainty for property transactions and tax compliance.
Disclaimer: This article is compiled and summarized by the AI based on publicly available information and is for general information purposes only. It does not constitute any form of formal tax advice, legal opinion, or basis for performance. Please consult a qualified professional tax advisor or legal counsel for tax advice.
Source: Read Official Announcement