The Ministry of Revenues has recognized 200 selected taxpayers in three categories, platinum, gold and silver levels, for their loyalty in paying taxes.

In order to help businesses withstand the growing impacts of COVID-19, the Addis Ababa City Administration has decided to waive some 4.5 billion birr in interests and penalties on unpaid tax, accumulated since 2005, benefiting some 7,800 taxpayers in the capital, The Reporter has learnt.

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.

The Ministry of Revenues announced that its tax payment campaigns has resulted in the hike of its revenue collection for the month of February as it collected 17.8 billion birr, a record monthly collection its history.

The Ministry of Revenue (MoR) has officially charged 65 people out of the 105 placed under custody suspected of tax fraud and evasion activities.

The Ministry of Revenue (MoR) has officially declared it has set up a new wing named – The Office for Partnership on Tax Equity – to serveas a regulatory bodyfor the overall tax collection system, aimed at improving the ailing tax collection system of Ethiopia.