Lebanon:Technical Assistance Report on Putting Tax Policy Back on Track

Author: International Monetary Fund. Fiscal Affairs Dept.

Lebanon: Technical Assistance Report on Putting Tax Policy Back on Track

Volume/Issue: Volume 2023 Issue 008

Publication date: January 2023

ISBN: 9798400230738

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Topics covered in this book

This title contains information about the following subjects. Click on a subject if you would like to see other titles with the same subjects.

Money and Monetary Policy , Taxation - General , International - Economics , Tax Reform Crisis and Taxation VAT Efficiency Inequality , VAT revenue , VAT threshold , market rate , authorities of Lebanon , climate commitment , excise revenue , Value-added tax , Income tax systems , Income and capital gains taxes , Excises , Corporate income tax , Global

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Summary

Lebanon’s tax revenue more than halved between 2019 and 2021, in the face of the deepest economic crisis since the end of the civil war. This report identifies tax policy reform options to stop the drain on Lebanon’s tax revenue in the immediate and near-terms and to move toward a more efficient, effective, and inclusive tax system in the medium-term.