Abe Pledges US$83.4m to Sahel Region

Abe Pledges US$83.4m to Sahel Region

(ABIDJAN, COTE D’IVOIRE – Saturday, January 11,...

Africa Cabinet Government Network Elects Liberia

Africa Cabinet Government Network Elects Liberia

(MONROVIA, LIBERIA – February 10, 2014) At...

Armed Forces Day Keynote Address

Armed Forces Day Keynote Address

Distinguished Ladies and Gentlemen: This day was set...

Savannah State University Seeks Partnership UL

Savannah State University Seeks Partnership UL

(MONROVIA, LIBERIA – Tuesday, March 4, 2014)...

24 January 2017, 2:01 pm

MONROVIA, January 23 (LINA) - Foreign Minister Marjon V. Kamara says scholars of international relations and diplomacy must develop the attribute of adaptability, versatility and the ability to respond promptly to inevitable and ever-changing situations.

23 January 2017, 6:03 pm

MONROVIA, January 22 (LINA) - Liberia Revenue Authority (LRA) Commissioner for Domestic Tax, Darlingston Talery, has applauded revenue-collecting government Ministries, Agencies and Commissions (MACs)

21 January 2017, 12:52 pm

MONROVIA, January 19 (LINA) - President Ellen Johnson Sirleaf has been briefed by Finance Minister Boima Kamara about alleged financial improprieties at the Ministry of Finance and Development Planning.

21 January 2017, 12:39 pm

MONROVIA, January 19 (LINA) - Liberia Revenue Authority (LRA) Commissioner General Elfrieda Stewart Tamba has called for concerted effort among stakeholders in combating tax frauds and ensuring revenues protection for the people.

The Commissioner General noted that the trend via which US$50 to US$60 billion was leaving Africa annually through illicit financial flow must be immediately reversed.

In 2015, former South African President Thabo Mbeki (when he headed the High-Level Panel on Illicit Financial Flows from Africa) reported that US$50 to US$60 billion was leaving Africa annually through illicit financial flow.

“This trend must be reversed,” Tamba, also Chairperson of the African Tax Administration Forum (ATAF), said Tuesday. “The drive to reversing this trend,” she added, “must commence with us and now.”

The Commissioner General made the call when she spoke at the opening of a three-day stakeholders training under the auspices of the Organization for Economic Co-operation and Development (OECD) at a local hotel in Paynesville.

The OECD promotes policies that seek to improve the economic and social well-being of people around the world by providing a forum in which governments work together to share experiences and seek solutions to common problems.

The Commissioner General welcomed Mr. Sivasankaran Pattanam, Tax Policy Analyst from the OECD and the Global Forum For Transparency and Exchange of Information for Tax Purposes for the “timely facilitation the important capacity building and sensitization mission to Liberia”.

The workshop is being held as a ‘Technical Assistance’ to Liberia on the ‘Next Round Peer Review and Other Global Forum Initiatives’ relative to the Exchange of Information for Tax Purposes.

The technical assistance is important for Liberia as it aims to accomplish two goals, Tamba noted.

One is to seek to strengthen collaboration and sensitization among local stakeholders to enhance preparedness of Liberia to ensure passage of the next Round of Peer Review to avoid the blacklisting of the country for lack of transparency in tax matters including the exchange of information for tax purpose and the implementation of a new legal framework.

Secondly, the technical assistance will strengthen the capacity of the LRA in the field of exchange of information for tax matters.

Mr. Sivasankaran Pattanam, Tax Policy Analyst of Global Forum Secretariat, gave an overview of the Technical Assistance on Next Round Peer Review and other Global Forum Initiatives, while applauding the LRA for steps it has taken.
With participants drawn from the LRA, MFDP, Law Reform Commission, and Ministry of Commerce, among others, the training will further enhance local capacity to more effectively combat, inter alia, tax evasion, aggressive tax planning, illicit flow of capital, and money laundering, and to facilitate the collection of lawful revenues.
LINA PR/PTK

19 January 2017, 1:07 pm

MONROVIA, January 18 (LINA) - The National Bureau of Concessions (NBC) will shortly commence a series of dialogues in several concession affected communities across the country.

19 January 2017, 12:52 pm

MONROVIA, January 18 (LINA) - Vice President Joseph N. Boakai has called for a new spirit of investment and commitment in which Africans will look inside the continent for the resolution of African problems through job creation.

19 January 2017, 12:49 pm

MONROVIA, January 18 (LINA) – President Ellen Johnson Sirleaf has accepted the resignation of the Board Chairman of the Public Procurement and Concessions Commission (PPCC), Professor Willie Belleh.

16 January 2017, 10:26 am
MONROVIA, January 14 (LINA) - President Ellen Johnson Sirleaf has made several appointments in government affecting the Ministries of Finance, Information, Agriculture, as well as the Land Authority, Small Arms and Anti-Corruption Commissions.
12 January 2017, 7:34 pm

MONROVIA, January 12 (LINA) - Liberia’s Chief Patron of Sports, President Ellen Johnson Sirleaf has congratulated South Africa-based Anthony Snoti Laffor, the first Liberian player to win the Confederation of African Football (CAF) Champions League.

22 November 2016, 9:29 am

MARRAKESH, Morocco, November 16 (LINA) - President Ellen Johnson Sirleaf says climate change poses enormous threats to humankind and nature as well as threatens human health and the wellbeing of mankind.