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Liberia Revenue Authority to curb tax invasion

Edward Tamba/Maximilian Kasseh, Jr.
Liberia Revenue Authority Commissioner General , Elfreda Tamba
Liberia Revenue Authority Commissioner General , Elfreda Tamba

MONROVIA-The Commissioner General of the Liberia Revenue Authority (LRA), Elfreda Tamba, said that the Automatic Exchange of Information detects   tax invasion and encourages timely compliance of tax payers.

Such technical exercise is expected to strengthen collaboration and sensitization amongst local stakeholders.

Madam Elfreda Tamba She made the disclosure Tuesday, January 17, 2017 at the start of a 3-day capacity workshop at the 9th meeting of the Global Forum on transparency and exchange of information for tax purposes in Paynesville.

Madam Tamba said the forum is also aimed at enhancing LRA capacity to combat tax fraud, illicit flow of money and future tax invasion.

She said: “Liberia’s full adherence to the automatic exchange of information will prevent the Country being black listed for lack of tax transparency.”

The LRA Boss said Liberia is committed to amending laws to meet globally relevant standards on tax transparency.

 


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