- Search Results
 
 
BOTA Meets Ganta Businesses On Tax Payment
Date Uploaded: Oct 19, 2016

 Nimba County Flag

 

BOTA Meets Ganta Businesses On Tax Payment
By S. Kannay Ziamo, LINA Nimba County Correspondent

GANTA, October 19 (LINA) - The Board of Tax Appeal (BOTA) has held a meeting with the Gnata Business Community to educate entrepreneurs and tax payers on the importance of voluntary payment of taxes.  

The forum was convened in collaboration with the U.S. Agency for International Development (USAID) and Local Empowerment for Government Inclusion and Transparency (LEGIT) on Tuesday.

The meeting brought together heads of the Governance Commission, Liberia Revenue Authority (LRA), USAID, BOTA and the Ganta business community. 

The town hall meeting was held under the theme: “Liberia's Decentralization Program and Its Impact on Taxation.”

Giving an overview of the meeting, BOTA acting Administrator Benjamin B. Stewart said it was intended to educate tax payers on the importance of paying taxes and the kind of tax to pay based on the type of business and activity.

According to Stewart, when tax payers are aware of why they should pay taxes and the kind of taxes to pay, they will always fully comply with tax regulations, adding that this will boost the economy.

The BOTA official observed that tax payers have been non-compliant in paying taxes, something he attributed to lack of sufficient sensitization on the importance of paying taxes.

Topics covered during the meeting include “The importance of paying tax,” “When to pay tax,” “What paying tax does for citizens of a nation,” “Assessing the tax system” and “Fiscal decentralization, domestic resource mobilization and Liberia’s decentralization program.”

During the forum, top businessmen in Ganta asked several questions about tax payment and other issues relative to taxes.

For its part, the Ganta Business Community thanked the organizers for the opportunity afforded them to know the importance of paying their taxes and recommended that such meetings be held regularly to educate tax payers on tax payment and other tax-related issues.
LINA SKZ/TSS/PTK

latest headlines
U.S. Embassy Official Nudges Graduates To Believe In Self
he Economics Officer at the US Embassy here, Lilieth Whyte, has told graduates of the ‘Be The Change Academy’ Entrepreneurship Training and J ...more
Cadet Collins Departs for US West Point Military Academy
A young Liberian, Cadet Scott Amos Collins, has departed Liberia for the prestigious West Point Military Academy in the United States of America. ...more
‘Mental Disorder A Problem Globally, But Grave In Liberia’ - Macualey
The Chairman of the Liberia Chapter of the West African College of Physicians. Dr. Rose Jallah Macualey, says mental disorder is a global problem ...more
Defense Ministry Differs With Brumskine Over ‘Zogos’ Recruitment
The Defense Ministry says its attention has been drawn to the Thursday, June 22, edition of the New Democrat Newspaper under the banner headline ...more
GoL, LADA Hold Awareness On Food Safety Standards, Law
The Government of Liberia (GOL) and the Liberia Agro-Business Development Activities (LADA) have held an event aimed at creating awareness among ...more
Liberia Turns Over ECOWAS Ambassadorial Post To Togo
Liberian Ambassador to the Federal Republic of Nigeria, Prof. Al-Hassan Conteh, has turned over the Chairmanship of ECOWAS Permanent Representati ...more
 
All rights reserved © 2013 - 2014
Liberia News Agency