The Liberia Revenue Authority (LRA), in its continuous drive to maximize collection of lawful revenue, has conducted a tax clinic on real property tax at the National Legislature for members of the House of Representatives.
A LRA press release says the exercise, conducted Tuesday, April 24, 2018, presents key processes and procedures to lawmakers on how to be complaint with their real property tax payment.
Presenting in the Plenary of the House of Representatives, Domestic Commissioner Darlingston Y. Talery says the LRA is mandated to encourage Liberians to embrace the culture of paying taxes in order to collect revenue to finance the development of the country.
Commissioner Talery explains to the lawmakers their real property tax obligations under the law, the step-by-step procedures in paying these taxes and the kinds and categories of real property taxes including residential, commercial as well as rural and urban properties, among others.
During his presentation, the Domestic Tax Commissioner further narrates that the enforcement procedures of overdue taxes after due dates and also provided enlightenment and rental income tax payments for those who are renters.
Meanwhile, the Speaker of the House of Representatives Bhofal Chambers welcomes the awareness by LRA. The speaker notes that as indicated by law, it is obligation of every citizens in the Republic to pay real estate property tax. The Speaker describes the LRA’s initiatives as brilliant and lauds the Authority on behalf of the Legislature for the enlightenment exercise. Press Release