MONROVIA – Millions of United States dollars and Liberian dollars could be earned by the government as revenue but President George Weah’s refusal to appoint Board of Tax Appeals is barring the government of earning said revenue should they win accumulating appeals before the Board. The taxpayer may appeal a decision of the Board to the Liberia Tax Court, provided that the appeal is lodged within 30 days of the Board’s decision and is in conformity with the rules of the Tax Court. The Board is independent of the Ministry of Finance and the Liberia Revenue Authority. The Tax Court at the Temple of Justice has on several occasions upheld the ruling the Board of Tax Appeals. Bridgeway Corporation resisted this claim before first filing the complaint about the refund to the Broad of Tax Appeal (BOTA), which had earlier ruled against Bridgeway Corporation.

Source: Front Page Africa August 12, 2020 08:37 UTC