May 08 2012
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Tax collection systems to be automated: Safadi
08 May 2012
BEIRUT: The Lebanese government is seeking to finalize the automation of tax collection systems, Finance Minister Mohammad Safadi said Monday.
“We will build on earlier reforms to achieve the full automation of tax collection, which is a fundamental step to achieve comprehensive fiscal reform,” he said.
“This would significantly improve tax revenues and increase citizens’ trust in the government,” he added.
He said tax legislation should undergo constant reforms to match ongoing developments in the various economic sectors.
Speaking to delegates from 31 countries, Safadi said Lebanon’s tax collection systems have undergone systematic and gradual reforms over the last few years.
“But moving to full automation offers fast and reliable services at the lowest possible cost. This would induce taxpayers to voluntarily pay their dues,” he added.
Finance Ministry Director-General Alan Bifani called for increasing cooperation and the sharing of knowledge between CREDAF members.
Bifani urged CREDAF to play a role in facilitating tax agreements between member countries and other states.© Copyright The Daily Star 2012.
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