- Liberia will replace its current GST regime with a new VAT system starting January 1, 2027.
- The GST rate will increase from 12% to 13% in 2026 as part of the transition.
- The government will expand taxation on the digital economy to prevent revenue loss and ensure fair contributions from global online platforms.
- VAT registration opens in July 2026, giving businesses six months to enroll before the system launches.
- Businesses are advised to assess how the new VAT regime will impact their operations and tax obligations.
Source: vatabout.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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