A number of territories that had failed to demonstrate they have complied with international tax transparency standards have had their ratings upgraded by the OECD, following "fast-track" peer reviews.Read Full Story
Lebanon became the 111th jurisdiction to sign the Multilateral Convention on Mutual Administrative Assistance in Tax Matters on May 12, 2017.Read Full Story
Lebanese tax collections have declined by four percent of gross domestic product over four years due to earlier cuts to fuel tax and deteriorating compliance rates, the International Monetary Fund said.Read Full Story
The OECD's Global Forum on Transparency and Exchange of Information for Tax Purposes celebrated the end of the first phase of reviews of all countries at its annual meeting on November 2-4.Read Full Story
Bahrain, Lebanon, Nauru, Panama, and Vanuatu - five territories that were earlier criticized for not following tax transparency standards – have newly committed to sharing financial account information automatically with other countries.Read Full Story
The International Monetary Fund's Middle East Center for Economics and Finance and the Middle East Regional Technical Assistance Center organized a regional workshop on "Fiscal Reporting and Transparency" in Kuwait City, Kuwait, from March 13–16, 2016.Read Full Story
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