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Section13:
Offences and penalties
Article 48:
Offences and penalties
1. Late or
non-submission of the registration or
deregistration request:
The
dissenter to article 35 (1), (2) of this law will
be subject to a penalty amounting 2 million LBP.
2. Late periodical
tax return:
The
late submission of the periodical tax return
provided for in article 35 (3) of this law will be
subject to a penalty of 10% of the tax due per
month late. The fraction of a month is considered
as a whole month. The penalty, somehow, shall not
exceed the double of the tax due and shall not be
less than 500 thousands LBP a month, in addition
to the late payment penalty provided for in
paragraph 2 of article 44 of this law.
3. The incorrect
tax return:
The
taxable person, who submits an incorrect tax
return that does not reflect his real economic
activity, will be subject to a penalty amounting
the double of the non-declared tax.
4. The unjustified
claim of refund:
Every
person, who, with the intention of fraud, claims a
tax refund, will be liable to a penalty amounting
the double of the tax claimed, in addition to the
implementation of the Criminal Law provisions.
5. Offences
regarding invoices and documents:
Every
amount written down as a tax in an invoice or a
similar document shall be due and in case the
person does not pay this amount within the legal
deadlines, the late payment penalty is applied
starting from the due date of the tax.
A
penalty that is equivalent to double of the tax
due shall be charged to every person who refrains
from issuing an invoice or similar document due to
article 38 of this law, when it is mandatory, or
in case he issues an invoice containing incorrect
information related to the name or address of the
concerned parties in the transaction, description
and quantity of the goods and services supplied,
or the price with its appendices.
A
penalty that is equivalent to double the tax due
shall be charged to every person who shows an
import document containing incorrect information
regarding the description, quantity, or price of
the merchandises or regarding the name of the
taxable person.
A
penalty that is equivalent to double the tax due
shall be charged to every person who shows an
export document containing incorrect information
regarding the quantity of the merchandises that
exceed the real quantity with its appendices, the
price that exceeds the real price or regarding an
incorrect description of the merchandises.
6. Keeping,
retaining, and producing the records and
documents:
The
taxable person shall pay a penalty that varies
between 5 and 10 millions LBP when he does not
comply with the provisions of this law regarding
the keeping, handing over, retaining, or producing
the records, invoices or any other accounting
document.
7. Intervention of
a third party:
Every
person who intervenes in any of the offences
provided for in the previous paragraphs of this
article, shall pay a penalty that is equivalent to
the mentioned tax and not less than 5 million LBP.
8. At import and
export:
Concerning
the import and export transactions, the offences
will be investigated, apprehended, collected, and
settled according to the provisions of the customs
legislation.
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