Karam Shaar Advisory LTD

Taxes in Syria, Episode One: The Big Picture

Taxes in Syria

Syria’s tax system didn’t just weaken, it collapsed.

Revenues from taxes and fees fell from $6.3B in 2010 to $0.6B in 2023.

To fill the gap, Assad government printed money—shifting from taxation to inflation.

A full system overhaul is now underway. What should be done and what is the government doing?

Full analysis

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