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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.