The Minister presented the 2026 fiscal year budget to the National Legislature on 7 November 2025, and it was subsequently published on the Ministry’s official website on 11 November 2025.
Liberia’s Ministry of Finance and Development Planning delivered the draft national budget for 2026, on 11 November 2025, focusing on fostering an inclusive economy, safeguarding stability, and delivering real, tangible improvements for its people.
The key tax measures are as follows:
Presumptive corporate income tax
A 2% presumptive corporate income tax (CIT) will be introduced for major concession agreements, ensuring that large operators contribute equitably to national development.
Goods and services tax
The Goods and Services Tax (GST) rate will be gradually increased from 12% to 13%, marking a phased transition toward a full Value Added Tax (VAT) system aimed at modernising Liberia’s tax framework and enhancing efficiency.
Digital economy taxation
Taxation of the digital economy will be enhanced to reduce leakages and prevent base erosion, ensuring fair contributions from cross-border digital transactions and global platforms operating in Liberia.
The Minister presented the 2026 fiscal year budget to the National Legislature on 7 November 2025, and it was subsequently published on the Ministry’s official website on 11 November 2025.
