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LRA awards 39 loyal taxpayers

The New Dawn Liberia The New Dawn Liberia
Partial View of awardees following the event at the City Hall of Monrovia The Liberia Revenue Authority (LRA) recognizes and awards 39 taxpayers for their firm commitment to tax payment and meaningfully contributing to the revenue envelope of Liberia in observance of Taxpayer Appreciation Day here.

A release from the LRA says the awardees were selected Friday based on their respective tax contributions and performance during the 2016/2017 fiscal year. Each recipient was given a plaque certificate and a one-year tax clearance certificate.

GSM operator Orange Liberia receives Bronze Award as the Highest Tax Contributor nationwide, followed by Monrovia Club Breweries with Silver Award as the second highest, while the Lone Star Communication Corporation collected Bronze Award as third highest taxpayer in the country.

ACTIVA International Insurance Company Limited was awarded as the Most Complaint Taxpayer Nationwide; Firestone Liberia: Most Compliant Taxpayer in the Natural Resource Sector, while ArcelorMittal bags the highest tax Contributor in the Natural Resource Sector.

In the medium Tax Category, ARD TETRA TECH, Aluminum Kassir Inc. and Monroe Chicken got awards for being Most Compliant. Smartech Inc and John Building Material were recognized as being Most Compliant in the Small Tax Division, while Kumba Joseph receives the Most Compliant Petty Trader Award.

In the Real Estate Tax category, Andrew Fallah of Foya, Lofa County emerges as the highest contributor for Residential Property, Boulevard Palace clinches the highest for Commercial Property as Momolu V. Sirleaf of Cemenco and Frances Cooper were awarded respectively as highest contributors Industrial property and vacant land.

In the Customs Tax category, TOTAL- Liberia was awarded as the highest value importer in the petroleum industry while Abi Joudi & Azar Trade Corporation, A-Z Corporation and Founi Brothers are the highest import value in the merchandize sector. AFROPA collects the Most Compliant Importer Award.

The Most Compliant Customs Broker/Clearing Firm award was shared between Safeway Cargo, DESAC Group, Lemus Clearing and Faith International Clearing Agency.

Nimba County flies high as the highest contributing county to border import taxes. LRA Officer-In-Charge Decontee T. King-Sackie, praises the taxpayers for their vital contributions to Liberia’s domestic revenue mobilization.

“Thanks for being so faithful and willing to contribute to the revenue envelope of the Government of Liberia as you have all exhibited exemplary performance based on the criteria that was set,” she lauds the awardees.

Madam Sackie points out that the hosting of the event marks a culture of reinforcing voluntary compliance to drive increase in domestic resource mobilization in line with the country’s development agenda.

She indicates that as a result of commitment of taxpayers to pay their fair share, revenue collection is gradually increasing, evidenced by the collection of 91 percent of the revenue basket from domestic sources during the just ended 2017/2018 fiscal period as compared to the 88 percent accrued in 2016/2017 fiscal period.

Prince Moye, Deputy Speaker of the House of Representatives, recognizes the importance of taxpayers, stressing that their contributions were vital in supporting government’s programs and activities.

Charles Bright, Economic Adviser to President George Manneh Weah, lauds the LRA for highlighting efforts of the taxpayers by hosting an event to recognizing and appreciating them.

“With the fact that you have voluntarily paid your taxes, and in such large amounts, Liberia is grateful and we thank all of you for your commitment and dedication,” he expresses.

In remarks, USAID Acting Mission Director Mervyn Farroe urges government to make the best use of the taxes collected to impact the wellbeing of taxpayers.
He praises the commitment of taxpayers in paying their taxes to support development.

On behalf of the awardees, the Chief Executive Officer of Orange Liberia, Mamadou Coulibaly, thanks the LRA for the recognition.He says as taxpayers, they will continue playing their respective roles in supporting the government to achieve its development goals.

“Tax payment is a duty and we are proud to support the government’s Pro Poor Agenda by paying our taxes,” he notes. The Taxpayer Appreciation Day coincides with commemoration of the fourth anniversary of the formation and operations of the LRA.  In its median edition in July 2017, the LRA awarded 33 taxpayers in several categories. Press release

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