Tax system reform forum makes 11 main recommendations
By Sami Zaptia.
London, 6 September 2019:
The First Forum on the Libyan Tax System was held in the city of Benghazi on 28 August by the Libyan Tax Authority on reforming the Libyan Tax System.
The forum made 11 main recommendations, published on Monday 2 September, to make the tax system compatible with Libya’s current economy.
Numerous papers were presented at the forum on the inadequacies of the current tax system which was last reformed during the so-called Saif Al-Islam Qaddafi reform period prior to 2011. Presenters argued that the current system inherited from a welfare . . .