VATupdate

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Goods and Services Tax (GST) will increase from 12 to 13 percent

  • The Goods and Services Tax (GST) will increase from 12 to 13 percent, marking a gradual transition toward a full Value Added Tax (VAT) system – modernizing Liberia’s tax architecture and improving efficiency.
  • Taxation of the digital economy will be enhanced to reduce leakages and prevent base erosion, ensuring fair contributions from cross-border digital transactions and global platforms operating in Liberia.

Source gov.lr

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