Litani River Initiative Pushes for Incentives

The National Authority for the Litani River has addressed the Ministries of Industry and Finance, urging the activation of tax and customs incentives to encourage industrial enterprises to adhere to environmental standards and reduce pollution. These incentives include tax discounts on expenses related to the construction, operation, and maintenance of environmental treatment and monitoring equipment, as well as customs reductions on imported environmentally friendly technologies and products. The Authority called for the unification of the tax treatment for these expenses and for clarification on how to benefit from the incentives, while also supporting the Ministry of Industry in informing industrialists of their rights and linking environmental compliance to financial incentives.

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