The Doing Business in Libya guide brings together all the information you need to set up in Libya. This version of the PKF Libya Tax Guide covers personal and business taxation for Libya with the following information:
Taxes Payable:
- Federal taxes and levies
- Company tax
- Capital gains tax
- Branch profits tax
- Sales tax / value added tax
- Fringe benefits tax
- Local taxes
- Other taxes
Determination of Taxable Income:
- Capital allowances
- Depreciation
- Stock / inventory
- Capital gains and losses
- Dividends
- Interest deductions
- Losses
- Foreign sources income
- Incentives
It also includes details on: foreign tax relief, corporate groups, related-party transactions, withholding tax, exchange controls, personal tax, and treaty and non-treaty withholding tax rates
