For most people there are only two certainties in life: death and taxes. In Lebanon the wealthy really only need to worry about the former. The state’s exceptionally weak tax and revenue structures mean the tax burden largely falls upon middle and lower classes – while the wealthy have a multitude of options to avoid paying taxes.
Reckless profiteering and the banking sector’s insolvency demand a bold deposit recovery plan to restore financial integrity in Lebanon.
Will Mansouri succeed where Salameh deliberately failed? Read full article
An investigation by Badil reveals previously unknown details of Lebanon’s Eurobond default and how the banking sector manipulated it to facilitate billions of dollars in foreign transfers.
Explore our infographic on the interconnections and vested interests among the players vying to control LibanPost.
