Revenue Generation for Governance and Growth (RG3)
(Liberia): The Revenue Generation for Governance and Growth (RG3) Activity, through tax policy and administrative reform, will support the Liberia Revenue Authority to reduce the cost of tax compliance; increase tax revenues; improve revenue forecasting; and increase taxpayer compliance. Objectives will be achieved through promoting principles of voluntary compliance, self-assessment, transparency, risk-based management, as well as regulatory and legislative reform. Examples of such interventions include: joint development of risk-based audit selection indicators to ensure that only potential tax evaders are increasingly targeted for audit, and audits result in increased and better quality assessments; introduction of mobile tax payments, to ensure that paying taxes is easy and processing and reconciliation are automated rather than manual; introduction of e-filing, to ensure that filing tax returns is easy and the quality of LRA databases is improved.
Objectives for Liberia: PLANNED OUTCOMES; Reduced cost of compliance ; Increased tax revenues as % of GDP ; Improved revenue forecasting at MFDP & LRA ; Increased taxpayer education and compliance
- Project ID
US-GOV-1-AID-669-TO-16-00005
- Activity status
- 2 - Implementation
- Aid type
- C01 - Project-type interventions
- % to Liberia
- 100.00
Organisations
- Accountable
- U.S. Agency for International Development
- Extending
- U.S. Agency for International Development
- Funding
- U.S. Agency for International Development
- Implementing
- Development Alternatives, Inc.
Disbursements by fiscal year, quarter
Fiscal year |
Fiscal quarter |
Value (USD) |
Liberia Value (USD) |
2017 |
Q4 |
920,221.18 |
920,221.18 |
2017 |
Q3 |
769,099.15 |
769,099.15 |
2017 |
Q2 |
1,138,767.68 |
1,138,767.68 |
2017 |
Q1 |
1,135,925.95 |
1,135,925.95 |
2016 |
Q4 |
1,020,185.35 |
1,020,185.35 |
2016 |
Q3 |
732,047.70 |
732,047.70 |
2016 |
Q2 |
552,636.23 |
552,636.23 |
2016 |
Q1 |
308,586.15 |
308,586.15 |
Commitments by fiscal year, quarter
Fiscal year |
Fiscal quarter |
Value (USD) |
Liberia Value (USD) |
2017 |
Q4 |
1,608,565.00 |
1,608,565.00 |
2015 |
Q4 |
7,000,000.00 |
7,000,000.00 |
MTEF projections by fiscal year
Fiscal year |
Value (USD) |
Liberia Value (USD) |
CRS code |
% |
Unknown
(0)
|
100.0
|