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Liberia to introduce VAT 2019

  • VAT
  • 10 June 2018 | Richard Asquith

Liberia to introduce VAT 2019

Liberia is planning to introduce Value Added Tax regime sometime in 2019 according to its 2018/2019 budget.

VAT would replace the existing Goods and Services Tax, which is 10% and 7% for goods and services, respectively. Every registered manufacturer and service provider shall file VAT returns for each tax period (calendar month) within 21 days after the end of the period, whether or not any goods or service tax is due for such period.

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VP Global Indirect Tax
Richard Asquith
VP Global Indirect Tax Richard Asquith
Richard Asquith is VP Global Indirect Tax at Avalara, helping businesses understand their compliance obligations as they grow globally. He is part of the European leadership team which this year won International Tax Review's Tax Technology Firm of the Year. Richard qualified as an accountant with KPMG in the UK, and went on to work in Hungary, Russia and France with EY.