Monrovia - Tax collectors in Liberia are participating in a three-day meeting of the global forum on transparency and exchange of information for tax purposes. The meeting is the 9th forum of the technical assistance on Round 2-Peer Review and Other Global Forum Initiatives. Liberia is committed to amending the applicable laws to meet the Global Forum standard on bearer shares including transparency of information and also to facilitate the exchange of information in tax matters. The key stakeholders collaborating on these critical national matters are the Law Reform Commission, Liberia Maritime Authority, Ministry of Finance and Development Planning, Liberia Revenue Authority, Ministry of Commerce, and the Ministry of Justice. “There are many advantages to the automatic exchange of information,” she added.

Source: Front Page Africa January 18, 2017 03:49 UTC