The Commissioner General of the Liberia Revenue Authority (LRA) Thomas Doe Nah directs all officials and staff of the Authority to comply with their property tax requirements on or before November 30, 2018.
According to a press release, the Commissioner General urges employees who are owners of real property (ies) to declare said properties with the LRA and pay required taxes.
Section 25 (4) of the Liberia Revenue Authority Act of 2013 provides that: “Board Members, Officials and Staff of the Authority are required to be tax compliant at all times.”
Commissioner General Nah, in a September 21 Memo, called on all employees who are renting or leasing properties from third parties to withhold the applicable rent income tax and remit same to the LRA, while those renting or leasing properties are required to deduct the required rent income tax from rentals received from their tenants and remit same to the LRA.
He says pursuant to the LRA application of Executive Order 89, all penalties and interest on tax liabilities will be waived through October 23, 2018.
Employees and staff are to submit treasury receipts to the Assistant Commissioner for Human Resource as proof of payment. CG Nah also mandates employees occupying or residing in non-rental properties to ensure that said properties are registered and fully tax compliant.
The LRA Boss wants all Board Members, Officials and Staff of the LRA to fully comply with the requirement of the law in the discharge of their duties as revenue collectors. The Memo indicates that failure by those concerned to comply with the requirement of the law is tantamount to rendering them unfit to be in the employ of the institution. Press Release
[bsa_pro_ad_space id=1]
