22 May 2014

Liberia: Efficient Logistics Denies Tax Evasion

Efficient Logistics Services has denied that it is evading taxes.

On Tuesday, the House of Representatives' Joint Committee on Judiciary, Public Accounts and Contract and Monopolies alleged that the car rental company is bent on evading government taxes.

However, the company has clarified that it is up to date on its taxes and financial obligations to the government. The company said at no time it evaded or avoided the payment of taxes.

The company stated that a legislative committee set up to investigate its contract with NEC for the voters roll update exercise, had recommended to plenary that vehicles used in the process that did not have proper registration should register and pay fines and other fees where necessary.

According to a release Wednesday, the company said it is interested in upholding the rule of law and welcomed the decision of the legislative committee.

He also noted that the process of updating the registration of all of the vehicles used in the process has already commenced.

General Manager Reuben Carto is quoted by the release as saying that the vehicle registration is not done by his company, but owners of vehicles.

"The company's intention in hiring locally based vehicles was to help stimulate the local economies and include diverse groups of people in the process," Mr. Carto indicated.

He also added that these private owners are being required by the company to be fully compliant with government prior to receiving full payments under their agreements with the company.

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