Author Archives: Manal Abdel Samad Najd

VAT rises from 10 to 11 percent

VAT rises from 10 to 11 percent

Since at least 2011, the IMF has urged the Lebanese government to increase its VAT rate and to broaden the tax’s base by lowering exemptions. After this year’s increase of the VAT standard rate by 1 percent, from 10 to 11 percent, Lebanon’s VAT rate is still the second-lowest in the region after Djibouti, and

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