Tax Policy - Fiscal Year 2027
Lebanon
Assessment of the draft Income Tax Law (ITL) (May 15 - June 30)
This desk-based activity assessed key elements of the draft Income Tax Law (ITL) in Lebanon and supported the authorities in its design and implementation through a review of selected provisions of the draft ITL, including the taxation of dividends, interest, capital gains, and corporate income, as well as analysis of the design of the individual income tax schedule.
Syria
Desk-based drafting of model PSC (July 10-15)
This mission followed up on the April oil and gas mission and provided legal drafting for key components of a model Production Sharing Contract (PSC) for Syrian oil and gas projects. These include articles pertaining to fiscal aspects such as production sharing and cost recovery, and various non-fiscal contractual issues.
