Monrovia – A delegation from the Rwanda Revenue Authority (RRA) is in Liberia on the invitation of the Liberia Revenue Authority (LRA) to provide best practices and technical assistance in risk and compliance management. While in Liberia, the experts from the RRA have presented standards and best practices to enhance LRA’s technical capacity in tax compliance management. During a technical engagement on Thursday, December 7, the RRA delegation shared experiences with LRA on ways of structuring risk engine as a driver for strengthening compliance management. Meanwhile, Liberia Revenue Authority (LRA) Commissioner General Elfrieda Stewart Tamba has emphasized that domestic resource mobilization is a major pillar for any economic development in Liberia. Key issues discussed ranged from voluntary tax compliance, reforming Liberia’s tax policy regime, and support to the LRA for enhancing tax administration efficiency, and possible ways to strengthen legitimate trade facilitation.

Source: Front Page Africa December 12, 2017 03:33 UTC