Tuesday, 3 Nov 2026 3 Dhu al-Qadah 2026 AH Beirut
📰 2 sources 3 articles · 3 Nov 2026, 08:20 → 2 hours ago

Lebanon's Finance Ministry Settles the $600 Million Dispute Over Eurobond Profit Tax

The treasury rights file returned to the forefront after reports addressed a $600 million sum and a battle being waged to evade financial obligations. The Finance Ministry issued an explanatory statement regarding a demand on banks for taxes on unrealized Eurobond profits, clarifying the opinion of the Legislation and Consultation Authority on applying Article 7, Clause 8 of the Income Tax Law.

📍 Where things stand: The matter currently rests on the Finance Ministry's statement, which adopted the opinion of the Legislation and Consultation Authority (11/2025) that the clause in question cannot be applied to provisions, as reported by the network.

⏱️ Timeline

  1. 3 Nov 2026, 08:20 A report addressed a $600 million sum and a fierce battle being waged by Sfeir and his group to evade their financial obligations, without further details on the nature of these obligations or the parties involved.
  2. 3 Nov 2026, 17:46 A report by Lebanon Debate said the treasury rights file had returned to the forefront and that the Finance Ministry had settled the controversy over the $600 million sum, without further details on the nature of the dispute or the content of the decision.
  3. 3 Nov 2026, 17:55 The Finance Ministry issued an explanatory statement in response to reports and interviews about demanding banks pay taxes on unrealized Eurobond profits worth $600 million. It clarified that the Association of Banks in Lebanon had inquired on 23 September 2024 about applying Article 7, Clause 8 of the Income Tax Law, and that the ministry adopted the opinion of the Legislation and Consultation Authority (11/2025), which concurred with the opinion of the Income Directorate that the clause cannot be applied to provisions, noting that it had asked the banks...
Timeline written by AI from the sources below; updated as new reports arrive.
lebanon debateMTV Lebanon

📰 All coverage

📅 2026-11-03
MTV Lebanon 17:55
Lebanon’s Finance Ministry clarifies claim it requested $600 million from banks
The Ministry of Finance issued a clarification in response to reports and TV interviews about asking banks for taxes on unrealized Eurobond profits amounting to $600 million. It sa…
lebanon debate 17:46
Treasury Rights in the Spotlight... Finance Ministry Settles the $600 Million Dispute
A Lebanon Debate report said the issue of treasury rights has returned to the forefront and that the Ministry of Finance has settled the dispute over $600 million, without the publ…
lebanon debate 08:20
600 Million Dollars... Sfeir and His Group Wage a Fierce Battle to Evade Their Obligations
The post reports on a sum of 600 million dollars and a fierce battle being waged by Sfeir and his group to evade their financial obligations, without providing further details on t…