Tag: Tax

In an effort to stimulate the economy, the government has introduced tax waivers, cost sharing measures and the like, that will benefit 80 percent of businesses affected by the coronavirus pandemic.

In a bid to raise its tax revenue, the Ethiopian Government has tabled a draft excise tax proclamation to the House of People’s Representatives (HPR) that would see a sharp rise in taxation of second-hand imported vehicles, which could go as high as 500 percent.

A group of foreign businesses have echoed their frustration over the taxation and customs laws and procedures that are creating inconveniences in their day-to-day business activities and investment operations.

The rebranded Tourism Ethiopia is set to establish a tourism fund, an institution financed from various sources including an upcoming tourist tax system.

In its recent campaign, the Addis Ababa City Tax Authority has detained four wholesalers of ceramics, granite and bathroom accessories for tax evasion.