{"id":27656,"date":"2018-02-01T11:57:53","date_gmt":"2018-02-01T11:57:53","guid":{"rendered":"https:\/\/v2.ecomnewsmed.com.ecn-01.ovea.com\/2018\/02\/01\/tax-justice-network-based-in-london-ranks-lebanon-11th-at-the-financial-secrecy-index\/"},"modified":"2020-08-11T11:30:29","modified_gmt":"2020-08-11T09:30:29","slug":"tax-justice-network-based-in-london-ranks-lebanon-11th-at-the-financial-secrecy-index","status":"publish","type":"news","link":"https:\/\/www.ecomnewsmed.com\/en\/2018\/02\/01\/tax-justice-network-based-in-london-ranks-lebanon-11th-at-the-financial-secrecy-index\/","title":{"rendered":"Tax Justice Network based in London ranks Lebanon 11th at the financial secrecy index"},"content":"\nThis is quite a surprise that Lebanon got ranked 11th at the financial secrecy index around the world. Indeed the country obtained 72 points out of 100: a level considered as quite high regarding the organism standards.\nThe opacity score is calculated on twenty criteria based on the ability of a country to cooperate internally, the level of bank secrecy, or the fiscal data accessibility.\u00a0\nJohn Christensen, the founder of Tax Justice Network declared\u00a0: \u201cWhat the Financial Secrecy Index has done I think is help the public understand that tax heaven\u00a0is much, much more deeply embedded in the entire global economy and it isn\u2019t just small players with palm trees, it includes some of the biggest and most powerful countries in the world\u201d .\nLebanon is not the most transparent country within the Arab world as the United Arab Emirates obtained the 9th position.\nLebanon had not been upheld by the\u00a0European fiscal heaven blacklist in 2017 contrary to Morocco or Tunisia (who had been removed since for).\nInternationally the report ranked Saudi Arabia 37th, France 25th, Cyprus 24th, Turkey 30th and Israel 43th. The top 5 five positions for corruption are Swiss, United States, Cayman Islands, Hong-Kong and Singapour.\nDiscover out our latest videos about the economic news in Lebanon :\u00a0\n\n\n\u00a0\n","author":75,"featured_media":3370,"comment_status":"open","ping_status":"open","template":"","tags":[5761,5751,5767,2961,5750,5759,5762],"location":[5628],"class_list":["post-27656","news","type-news","status-publish","has-post-thumbnail","hentry","tag-decision-makers","tag-economy","tag-expert-opinion","tag-institutions","tag-news","tag-politics","tag-trending","location-lebanon"],"short_url":"","have_related_news":null,"chapo":"The financial transparency would not be that bad in Lebanon after a survey published by the Tax Justice Network: an independent organism based in London. Out of 112 countries around the world, Lebanon was graded at the 11th position.","media":{"src":"https:\/\/www.ecomnewsmed.com\/app\/uploads\/2020\/03\/money.jpeg","srcset":"https:\/\/www.ecomnewsmed.com\/app\/uploads\/2020\/03\/money.jpeg 550w","sizes":"550px","alt":"Tax Justice Network based in London ranks Lebanon 11th at the financial secrecy index 1","width":550,"height":360,"ratio":1.32,"credit_photo":""},"media-news-header":{"src":"https:\/\/www.ecomnewsmed.com\/app\/uploads\/2020\/03\/money.jpeg","srcset":"https:\/\/www.ecomnewsmed.com\/app\/uploads\/2020\/03\/money.jpeg 1170w","sizes":"1170px","alt":"Tax Justice Network based in London ranks Lebanon 11th at the financial secrecy index 1","width":1170,"height":658,"ratio":1.32,"credit_photo":""},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.7 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Tax Justice Network based in London ranks Lebanon 11th at the financial secrecy index - Ecomnews Med<\/title>\n<meta name=\"description\" content=\"This is quite a surprise that Lebanon got ranked 11th at the financial secrecy index around the world. 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