Libya: Statute of limitations on tax audits and collections repealed
Amendment removes time constraints, allowing tax authorities to claim unpaid taxes indefinitely
Law No. 1 of 2025 (enacted January 23, 2025) repealed the statute of limitations on tax audits and collections, allowing tax authorities to claim unpaid taxes indefinitely.
Previously, a 15-year limitation under article 25 of Law No. 7 of 2010, as modified by Law No. 2 of 2017, restricted enforceability. The amendment removes time constraints, enabling indefinite pursuit of unpaid tax obligations.
Read a March 2025 report prepared by the KPMG member firm in Libya
For more information, contact a KPMG tax professional in Libya:
Moncef Boussannouga Zammouri | mzammouri@kpmg.com
Dhia Bouzayen | dbouzayen@kpmg.com
Slim Besbes | sbesbes@kpmg.com