- The 2026 National Budget will enhance taxation of the digital economy to reduce revenue leakages and ensure fair contributions from cross-border digital transactions and global platforms.
- Digital services liable to Liberian GST will include electronic services (e.g., streaming, software, e-books, e-learning), communication services (e.g., texting, phone, internet), online stores selling tangible goods, and low value consignments.
- Operators of online stores will also be liable to VAT.
- The place of supply will be determined by evidence such as home address, IP address, or payment address to confirm consumption in Liberia.
- The Ministry will set registration and compliance rules, likely with simplified processes and no right to deduct input VAT.
Source: vatcalc.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
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