Monrovia – Liberia Revenue Authority (LRA) Commissioner General Elfreda Stewart Tamba has called for a concerted effort among all stakeholders in combating tax frauds and ensuring revenues protection for the people. The Commissioner General noted that the trend via which US$50 to US$60 billion was leaving Africa annually through illicit financial flow must be immediately reversed. “This trend must be reversed,” CG Tamba, also Chairperson of the African Tax Administration Forum (ATAF), said Tuesday. The technical assistance is important for Liberia as it aims to accomplish two goals, CG Tamba noted. Secondly, the technical assistance will strengthen the capacity of the LRA in the field of exchange of information for tax matters.

Source: Front Page Africa January 20, 2017 03:58 UTC