Jaber issues decision implementing 2026 budget amendments
Finance Minister Yassine Jaber issued a decision setting out the implementation mechanisms for provisions of Article 45 of the 2026 state budget law concerning inheritance and gift transfer fees.
The decision exempts transfers occurring before January 1, 2007, while setting revised exemptions, deductions and rates for subsequent periods.
For transfers from November 16, 2022 onward, the exempt portion of a net inheritance share was set at LBP 2.4 billion for descendants, spouses and parents; LBP 960 million for other ascendants and siblings; and LBP 480 million for other heirs.
The decision also exempts public assistance, grants and subsidies, and sets gift exemptions at up to LBP 96 million, rising to LBP 6 billion for eligible institutions, associations and religious endowments.
Finance units will recalculate unpaid or installment-based liabilities under the new rules. Existing filing procedures will remain in place until electronic systems are completed to allow online declarations, calculation and payment.
The decision takes effect upon issuance and publication in the Official Gazette and on the Finance Ministry website.
