- Search Results
 
 
LRA Ups Collection of Real Property Taxes
Date Uploaded: Aug 14, 2015

Montserrado County Flag

 

 

LRA Ups Collection of Real Property Taxes

MONROVIA, August 12 (LINA) - The Liberia Revenue Authority (LRA) has commenced the enforcement of the collection of real property taxes from delinquent commercial property owners in Monrovia and its environs.

The Real Estate Tax Division in collaboration with the LRA Legal Department kicked off the exercise on Friday, August 7, forcing several big businesses to comply, while shutting down others.

The LRA obtained closure orders from the Tax Court at the Temple of Justice in Monrovia to shut the doors of 14 premises after all legal efforts to have them pay their taxes failed, a release from the LRA said.

 The premises were closed for the purpose of examination of taxpayer records, audit and provision of advice to the taxpayers concerning compliance with tax obligations.

The LRA served each of the entities their assessment notice, a notice of  determination which became final after 30 days and a 72-hour warning  notice in keeping with the Liberia Revenue Code and LRA regulations, before proceeding to the Tax Court for the closure orders.

During the period of the closure, the LRA will do a tax audit, tax education and work with delinquent tax payers to meet their obligations under the law, the release said.
LINA PR/PTK

latest headlines
LEC Holds Community Engagements Against Power Theft
The Liberia Electricity Corporation (LEC) has renewed its warning to individuals engaged in power theft to desist, as it was costing government i ...more
Cuttington University Promises To Sustain EHELD Projects
The Administration of the Cuttington University has assured the Excellence in Higher Education for Liberian Development (EHELD) of its commitment ...more
Justice Banks Decline To Issue Prohibition Against Korkoyah
Supreme Court Justice-in-Chamber Philip A. Z. Banks Thursday declined to grant the writ of prohibition requested by Dr. Togba Nah Tipoteh against ...more
VP Boakai Assures LACC Of Support To Tackle Graft
Vice President Joseph N. Boakai has assured the Liberia Anti-Corruption Commission (LACC) of his unreserved commitment to tackle the scourge of c ...more
Pres. Sirleaf Congratulates Luxembourg On ‘National Day'
President Ellen Johnson Sirleaf has sent a congratulatory message to His Royal Highness, Grand Duke Henri of Luxembourg, on that country’s Nati ...more
ECOWAS Envoys Congratulate Pres. Sirleaf
The Dean of ECOWAS Ambassadors and Heads of Mission Accredited to Senegal, General Edouard Tiape Kassarate, has congratulated President Ellen Joh ...more
 
All rights reserved © 2013 - 2014
Liberia News Agency