Liberia, Republic of

Liberia operates a self-assessment tax system.

An annual income tax is imposed on the taxable income of every legal person resident and non-resident in Liberia.

The taxable income of a person is the person’s gross income minus items of income specifically excluded, amount of deduction allowed, and allowances granted by the LRC.

The general corporate income tax (CIT) assessment rate is 25%.

Specialised sectors' income is assessed based on rates ranging from 15% to 30%.