IMF calls to boost revenues from VAT. Four percent of GDP in additional receipts can be achieved

Stronger VAT yields could be generated via higher rates, a broader base, and improved collections. Although Lebanon's VAT rate is among the lowest in the region, the authorities have in the past expressed a strong preference for not increasing it on political and social grounds.

A 'Special Issues' paper on Lebanon published by the International Monetary Fund (IMF) shows that there is significant potential – under the current VAT rate – to boost VAT collections by leveraging the tax base,...

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