Search

Lebanon Finance News

Dedicated to economic and business news on Lebanon, managed by the team of Lebanon Opportunities.

Tag

Taxes

30 percent of corporate income goes on taxes. 20 different duties are paid yearly

corporate-income-and-taxes.jpg

The aggregate corporate tax rate was 30 percent, which represents the total of all taxes borne as a percentage of commercial profit. The time to comply with all tax formalities was 183 hours. The total tax rate reflected all taxes and contributions….
Article details

Advertisements

Lebanon tops Arab world in financial secrecy. It mixes secrecy with big tax exemptions

Lebanon-tops-Arab-world-in-.jpg

The Tax Justice Network (TJN) said it has ranked Lebanon first in the Arab world and seventh globally in the 2015 Financial Secrecy Index (FSI).

“Lebanon has sailed against the prevailing winds on global financial transparency and continues t….
Article details

Lebanon tops Arab world in financial secrecy. It mixes secrecy with big tax exemptions

Lebanon-tops-Arab-world-in-.jpg

The Tax Justice Network (TJN) said it has ranked Lebanon first in the Arab world and seventh globally in the 2015 Financial Secrecy Index (FSI).

“Lebanon has sailed against the prevailing winds on global financial transparency and continues t….
Article details

Blog at WordPress.com.

Up ↑