On the first of January, Liberia's 13% becomes 18% — and the tax stops being a cost.
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Answer Summary
On 1 January 2027 Liberia replaces its 13% GST with an 18% VAT. The rate rises and the tax stops being a cost, because a VAT is deductible and the GST it replaces is not. What that changes in your ledger, and what our own system cannot yet do about it.
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