Aoun Says Lebanon's Taxation Law 'Must be Reviewed'
President Michel Aoun stated that Lebanon's taxation law must be subject to a comprehensive review, stressing the need for joint citizen-state efforts to combat corruption, the Presidency media office said on Wednesday.
“A comprehensive review of Lebanon's tax law (stipulated) since the independence must be considered,” he said, stressing the need for “stable taxation schemes that attract investments and strengthens productive sectors,” Aoun told a delegation of the Lebanese Tax Association.
Aoun emphasized that “fighting corruption and tax evasion, which is a continuous process especially in the positions of influence, is a responsibility shared by the citizen and the state.”
He expressed hope that more achievements are made in this area after the upcoming parliamentary elections and the formation of a new government.
The President stressed that “taxes are a cornerstone to encourage investments, especially foreign ones."
Source: Naharnet
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