By: G Bennie Bravo Johnson
In Grand Bassa County, the Liberia Revenue Authority has implemented its new tax administration system, the Liberian Integrated Tax Administration System.
According to the LRA, the system aims to digitalize various tax payment processes and procedures and increase tax administration transparency nationwide.
With LITAS, it is anticipated that the Buchanan Tax Business Office will be able to electronically ensure, among other things, taxpayer registration, payment recording, and system-generated receipt issuance.
The training, which took place on Monday, January 9, 2023, aims to enable taxpayers, regardless of category, to view their tax transactions and balances, file tax returns, and view their level of compliance.
Manager of Modernization at the LRA Ambrose Bonney stated that the new system will not only increase transparency but also reduce transaction processing times for both tax collectors and tax payers.
He implied that the new system will create an even more accessible platform that will facilitate the work of tax collectors and tax payers by establishing a more robust filing system for submitting tax returns and filing forms online and manually.
The LRA, which was established by an Act of the National Legislature in 2013 and began operations on July 1, 2014 to collect legal revenues for the government, has contributed significantly to nation building through the collection of these revenues since its establishment.
The pilot implementation has primarily targeted taxpayers in Montserrado County and natural resource taxpayers whose operations are located outside of Montserrado County.
