|
Section
17: Miscellaneous provisions
Article 53:
Stamp duties
The
declarations, objections and statements and other
documents related to this tax are exempted from
the stamp duties.
Article 54:
Perishable amounts
The
amounts due by the taxable persons, including the
penalties, which do not exceed 5’000 LBP are
considered perishable, and the tax authority is
discharged from collecting those amounts.
Article 55:
Abrogation of indirect taxes
The
juridical or natural persons, who are mandatory or
voluntarily taxable, are not liable to the 5% tax
imposed on the hotels and restaurants services,
and the entertainment tax.
The playing cards
duty is abrogated starting from the date of
effectiveness of this law.
The municipal
duties charged according to articles 96, 97, and
98 of law no. 60 dated
August
12th, 1988 on the consumption of water,
electricity, and telecommunications, are abrogated
at the date of effectiveness of this law.
Article 56:
Administration of the VAT
The
administration, control and collection of this tax
will be the responsibility of a division in the
Ministry of Finance- Public Finance Directorate-
Revenue Department. The cadre, functions, and
employment conditions will be determined by a
decree adopted by the Council of
Ministers upon the
proposal of the Minister of Finance, after the
approval of the Civil Service
Board and an
inspection undertaken by the "administration
of examination and direction".
A decree, adopted
by the Council of Ministers upon the proposal of
the Minister of
Finance,
can determine the rules and conditions of
contracting with one or more company from the
private sector the management of the tourist tax
refund provided for in paragraph (a) of article 58
of this law.
Article 57:
Transitional provisions
Notwithstanding
article 35 (1) of this law, every person, who can
be liable to the tax according to the provisions
of this law, and whose turnover, for the year
2000, exceeds 500 million LBP, shall submit a
registration request within a period starting from
1/10/2001 till 31/12/2001, under the penalty of 2
million LBP.
In
this case, the supply of goods and services that
take place after the date of enforcement of this
law, and the import of merchandises placed in
local consumption after that date, are taxable.
The
Minister of Finance may, by decision, adopt the
necessary transitional measures to the application
of this law to the contracts that are still under
execution at the date of enforcement of this law.
| 
