Income tax evasion constitutes 40% of overall tax evasion in Lebanon

Yazbec Wehbe Author: Yazbec Wehbe
Breaking Headlines
2019-04-20 | 14:43
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Income tax evasion constitutes 40% of overall tax evasion in Lebanon
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Income tax evasion constitutes 40% of overall tax evasion in Lebanon

The largest part of tax evasion comes from the revenue tax, mainly wages, profits and capitals, resulting in losses reaching nearly $2 billion, which equals around 3.9% of the GDP.

 

Evading revenue tax alone constitutes 40% of the total tax evasion activities in the country.

 

 
 

For more details, watch the full report in the video above

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