21 Hrs
Source:
Lebanon Debate
Lebanese Finance Ministry Begins Tax Workshop
Currently, a joint committee is being held between the Council of Ministers’ Presidency and the Ministry of Finance to expedite the new income tax law in Lebanon. The aim is to update the tax system to ensure a balance between encouraging investment, creating job opportunities, and achieving sustainable and equitable revenues for the treasury. The discussion focuses on constitutional principles, justice, and transparency, as well as reviewing tax exemptions and expanding the tax base. The rephrasing process will be carried out collaboratively, involving unions and experts, with the goal of issuing a clearer and more effective law that complies with international standards and enhances the sustainability of government revenues.
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