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Liberia: Draft 2026 budget includes measures to tax digital economy, increase in GST

Other tax-related developments include proposal to reform tax incentives regime

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january 16, 2026

The Minister of Finance and Development Planning on November 7, 2025, presented the draft 2026 national budget to the legislature, which includes measures to tax the digital economy, an increase in goods and services tax (GST) from 12% to 13%, and a proposed 2% presumptive corporate income tax on major concessions.

Other recent tax-related developments in Liberia include:

  • The president on October 29, 2025, submitted to the House of Representatives a bill to create a comprehensive framework for tax incentives that would consolidate incentives, strengthen fiscal governance, and improve transparency in granting and reviewing tax benefits.
  • Executive Order No. 156 (published November 11, 2025) extended surcharges on certain imports to protect local manufacturers. The order adjusts some rates (e.g., reducing surcharges on biscuits, soap, and PVC pipes) while retaining others.


For more information, contact a KPMG tax professional in Ghana:

Kofi Frempong-Kore | kfkore@kpmg.com

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