The Commissioner General of the Liberia Revenue Authority (LRA) Elfrieda Stewart Tamba has welcomed to Liberia a Nigerian international tax expert, from the Federal Inland Revenue Service (FIRS) of Nigeria.
Mr. Matthew Gbonjubola, the Head of International Tax at FIRS, is on a week-long assessment visit to Liberia under the auspices of Tax Inspectors Without Borders.
This visit is also in pursuance of implementation of Memorandum of Understanding (MoU) between FIRS and the LRA in fostering South-South Cooperation and knowledge-sharing to help attain target 17.1 of the Sustainable Development Goal.
This target seeks to strengthen Domestic Resources Mobilization (DRM) and promote partnership in achieving the SDGs. The partnership with the Nigeria FIRS was possible under the framework of the African Tax Administration Forum (ATAF) and the West African Tax Administration Forum (WATAF).
The visit is aimed at strengthening the audit capacity of the LRA and in general, domestic resource mobilization.
Speaking during the opening meeting with Mr. Gbonjubola on Monday, Dec 11, CG Tamba expressed confidence that the visit will yield the needed results in strengthening LRA international tax audit capacity and also the audit of other specialized sectors such as manufacturing and the various subsectors in manufacturing.
For his part, Mr. Gbonjubola praised the LRA Commissioner General and team for the warm reception and noted that the aim to strengthen LRA international tax audit and other specialized audit training will contribute to domestic resource mobilization.
He assured that he would work with the LRA team to identify and assess potential unreported domestic revenue in the said sectors.
“With my experience in tax auditing, it is important to note that working and sharing ideas together will help all of us to move forward, Mr. Gbonjubola noted, adding, “It is my expectation that at the end of this program, domestic tax staff will gain more knowledge to enable them work independently.”