Inheritance tax and law

March 15, 2016

INHERITANCE TAX

Inheritance taxes are levied at progressive rates depending on the degree of kinship between the deceased and the heir. The lowest rates apply to the deceased's children, higher rates apply to parents and other close relatives, and the highest rates apply to distant relatives and other persons not related to the deceased.

INHERITANCE TAX

TAX BASE, LBP (US$)
TAX RATE
Up to 30 million (US$19,868)
3% - 16%
30 million - 60 million (US$39,735)
5% - 21%
60 million - 100 million (US$66,225)
7% - 27%
100 million - 200 million (US$132,450)
10% - 33%
200 million - 350 million (US$231,788)
12% - 39%
Over 350 million (US$231,788)
12% - 45%
Source: Global Property Guide

The inheritance tax is levied on each beneficiary's net inheritance. The taxable inheritance is the gross estate less expired or irrecoverable debts, debts of the deceased, debts related to the estate, and burial expenses. Each beneficiary is also entitled to exemption amounts and special allowances.

Exemption Amounts

  • LBP40 million (US$26,490) for the spouse, parent, children
  • LBP16 million (US$10,596) for the grandparents
  • LBP8 million (US$5,298) for other heirs

Special Allowances

  • LBP14 million (US$9,272) for a handicapped child
  • LBP1,600,000 (US$1,060) for each year a minor child is below 18 years of age
  • LBP16 million (US$10,596) for a married heir
  • LBP8 million (US$5,298) for each child of the heir, up to a maximum of LBP40 million (US$26,490)

Comments

Debra | April 04, 2010

Hello, thank God for your site, I'm wondering how do we find out about our deeds in my grandfathers name past and revised. He passed on nearly fifty years ago, and with the war I'm sure you understand. Im looking for the books, from what my uncles have told me through out the years is that my granddad had alot of land and my father also passed, so what should we do? Please help the Seimon Nasser heirs in Minnesota, Californa and Montana. Batroun, Bejdarfel and Beirut that's all I know about. Before we sign anything we want to know. Nine uncles and aunts were baptized by my grandmothers family Reverend Slimam Rashed. I'am so very grateful for everything you may try. Please if you have any questions don't hesitate to call 949-858-8524 Cailfornia. With heartfelt graditude, love, respect and prayer we patiently wait. Love Edwards daughter.

mustapha rumjan | July 29, 2010

Hello
i live in australia and have lebanese citizenship
my father has passed on, god rest his soul, and in his will nominated some property in lebanon to some of his family in australia. My advice is that this is not legal in lebanon and we need to instigate a process called hasr ers where which will determine the proportion each relation will recieve. apparently tis split can be done by sharia law or secular law. Is this true?
It seems sensible, though an extra cost, and i have contacted a lawyer to start the process.
thank you
mustapha

Susan | September 21, 2010

5 brothers own a property in Lebanon and 1 brother does not want to sell. Can the property be sold because the majority want to sell it? If it can, how can the other 4 brothers go about selling the property?

elizabeth mallah | October 26, 2010

I am British and I was married to a Lebanese National,now passed on....we had 3 sons.My marriage is registered in the Lebanon as well as 0ur 3 sons, who are now Lebanese citizens.
1)were can I get the paper work to show that that my sons are now registered?
2)were do I take all the relevant paperwork so that we can make our claim to a 50% share of a property.

kind regards,

Elizabeth Mallah

Moe | February 21, 2015

5 brothers own a property in Lebanon and 1 brother does not want to sell. Can the property be sold because the majority want to sell it? If it can, how can the other 4 brothers go about selling the property?

pierrerizk | January 29, 2017

does anyone respond to this forum? I have the same question as the above "5 brothers own a property in Lebanon and 1 brother does not want to sell. Can the property be sold because the majority want to sell it? If it can, how can the other 4 brothers go about selling the property?"

Dale | June 11, 2017

@MOE My father is in the same position with 4 siblings on title. Two of the siblings with 240 shares each have passed on. It is my understanding that ownership of the deceased's shares are to pass onto their heirs. However, In my father's case, neither of the siblings had any heirs. In this case, I believe the remaining shares are to be voted on amongst the three remaining living heirs.

In your case, I believe you are in a position to overrule the one holdout with a majority number of brothers/owners voting in favour of selling the land. One brother of five should not be in position to hold out against the other four...any judge in his right mind would see to this. I believe you would be best to take this matter to the local mukhtar and he would further advise from there.

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