Andorra has expanded the list of countries for tax information exchange including Lebanon. The amendment to the law will be adopted in 2020. Thus, Andorra will exchange information with a total of 95 jurisdictions.
The new countries included in the list are: Azerbaijan, Nauru, Pakistan, Panama, Saint Kitts and Nevis, Anguilla, Bahamas, Bahrain, Barbados, Belize, Ghana, Lebanon, Marshall Islands, New Zealand, Niue, Qatar, Saint Lucia, Singapore, Sint Maarten, Turkey, Albania, Nigeria (22 countries).
Lebanon, officially the Republic of Lebanon, is a country in Western Asia. It is located between Syria to the north and east and Israel to the south, while Cyprus lies to its west across the Mediterranean Sea; its location at the crossroads of the Mediterranean Basin and the Arabian hinterland has contributed to its rich history and shaped a cultural identity of religious diversity. It is part of the Levant region of the Middle East. Lebanon is home to roughly six million people and covers an area of 10,452 square kilometres (4,036 sq mi), making it the second smallest country in continental Asia. The official language of the state is Arabic, while French is also formally recognized; the Lebanese dialect of Arabic is used alongside Modern Standard Arabic throughout the country.
Upon gaining its independence from Free France in 1943, Lebanon established a unique confessionalist form of government, with the state’s major religious sects being apportioned specific political powers. Lebanon initially was relatively stable. This stability was short-lived and was ultimately shattered by the outbreak of large-scale fighting in the Lebanese Civil War (1975–1990) between various political and sectarian factions. During this period, Lebanon was also subjected to overlapping foreign military occupations by Syria from 1976 to 2005 and by Israel from 1985 to 2000. Since the end of the conflict, there have been extensive efforts to revive the economy and rebuild national infrastructure.