LRA, Partners Engage Education Sector On Tax Compliance

A group photo of LRA officials and educational stakeholders following the tax dialogue

(Monrovia, December 1, 2022): The Liberia Revenue Authority (LRA) in collaboration with the Ministry of Education (MOE) and the West African Examination Council (WAEC-Liberia) have started dialoguing to make school and their authorities’ tax compliant.

The discussions are centered on the implementation of compliance and enforcement measures for private and faith-based schools operating in Montserrado county.

Schools, under the measures, are required to possess valid operational permits from the Ministry of Education and Tax Clearance Certificate from the LRA before registering candidates for WAEC exams.

Speaking Wednesday (Nov 30) during the start of the exercise, LRA Assistant Commissioner for Government and Non-For-Profit Division, Eddie H. Howe, stressed the importance of school authorities being tax compliant.

He urged District Education and County Education Officers in Montserrado to exert firm efforts to ensure all private and faith-based schools in their various educational districts comply with the required tax obligations.

Mr. Howe noted that the enforcement initiative for schools is in line with the Liberia Revenue Code, aimed at increasing revenue collection to support the country’s development including the educational sector.

The LRA tax dialogue is also expected to target private school principals and other educational stakeholders in Montserrado County from December 6-9, 2022.

The LRA Assistant Commissioner announced a vagarious joint engagement exercise for private and faith-based academic institutions in Montserrado, Margibi, Bong, Nimba, Grand Bassa, Grand Cape Mount and Bomi Counties in the coming weeks.

He thanked the MOE and WAEC-Liberia for the partnership in enhancing revenue collection under the tripartite arrangement.

The three institutions in 2021 signed an MOU to collaborate in strengthening tax compliance in ensuring that private schools operating in the country are tax compliant.

The post LRA, Partners Engage Education Sector On Tax Compliance appeared first on Global News Network.

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