Taxes articles

Stalled progress

Stalled progress

Public workers were protesting at the end of September out of fear the government might not honor legislation ordering an increase to their salaries and benefits. The protesters feared that the government might suspend the salary increase because the revenue it expected to cover the new spending was struck down by a court ruling. The

Salary adjustment

So much has been said about the salary adjustment. While many people are opposed to it over the perception that it imposes higher taxes, public sector employees and teachers think that an adjustment is long overdue. For one, their salaries have been adjusted only twice — in 2008 and 2012 — since 1997, and these

Myopic taxation

The package of tax measures recently signed into law and published in the Official Gazette was characterized by a lack of any fiscal and economic vision. It does not proceed from a well-designed tax policy addressing the various gaps and imbalances that characterize our fragmented and complicated set of taxes. As we all know, our

Finally, some clarity

After deliberating for much of 2017, Parliament met in late July to ratify new taxes. The legislation then sat on the desk of President of the Republic Michel Aoun for nearly a month, while he contemplated whether or not to sign the taxes into law. In late August, he finally inked his name, briefly ending

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