Ethiopian tax system pdf

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or not a tax system makes arbitrary distinctions among taxpayers, or distinctions based on irrelevant criteria. For example, it violates the principle of horizontal equity if one person buys an item in a local store and must pay sales tax, while another person buys the same item over the Internet, and does not pay sales tax. acumen.lib.ua.edu Academia.edu is a platform for academics to share research papers. sales tax also allows for the complete exemptions of water, electricity, medical and educational services. In contrary to sales tax, being in its infancy arena in the history of Ethiopian taxing system, the newly introduced Value added tax system has a uniform rate of 15 percent on most goods and services without reduced rate (lower FACTORS THAT INFLUENCE RENTAL TAX PAYERS’ COMPLIANCE WITH TAX SYSTEM: AN EMPIRICAL STUDY OF MEKELLE CITY, ETHIOPIA Suresh Vadde, Associate Professor, Department of Accounting & Finance College of Business & Economics Mekelle University, Melelle, Ethiopia. Srinivas Gundarapu, Assistance Professor, Department of Business Management Dec 26, 2019 · encountered by taxpayers due to lack of predictability on the amount of tax they are liable to pay; WHEREAS, to overcome the problems encountered in collecting proper excise tax due to shortcomings in the current excise tax proclamation, it has become necessary to introduce a new law that puts in place a system which alleviates problems so far Title: The Tax System of Ethiopia Created Date: 20160808223127Z I. Direct Tax According to proclamation No 286/94 any person whose permanent residence is in Ethiopian, has to pay tax from the income that he gets within Ethiopia or abroad. If the person is not resident of Ethiopia gets his income which has its source in Ethiopia also should pay tax. This is direct tax, which a person pays from any income he ... WHEREAS, it has become necessary to amend the Income Tax Proclamation N0. 286/2002;. NOW, THEREFORE, in accordance with Article 55 (1) and (11) of the Constitution of the Federal Democratic Republic of Ethiopia it is hereby proclaimed as follows Adelphi University Garden City, L.I., N.Y. 11530. The author thanks L. Gray Cowan of Columbia University and Gwendolen M. Carter of Northwestern University for their helpful comments and criticism; and Eric Broudy for his editorial assistance. Mar 19, 2018 · [Feb 2020] Salary Income Tax Calculation in Ethiopia Latest Ethiopian News | AddisBiz.com Ethiopian Business Directory and Product Catalog The Ethiopian Tax System: Excesses and Gaps. Author(s) Taddese Lencho. Publication Date. 2012. Recommended Citation. Taddese Lencho, The Ethiopian Tax System ... Adelphi University Garden City, L.I., N.Y. 11530. The author thanks L. Gray Cowan of Columbia University and Gwendolen M. Carter of Northwestern University for their helpful comments and criticism; and Eric Broudy for his editorial assistance. acumen.lib.ua.edu CHAPTER 1 Introduction to Taxation CHAPTER HIGHLIGHTS proper analysis of the United States tax system begi ns with an examination of the tax structure and types of taxes employed in the United States. Knowledge of historical principles that guided the development of the system, and investigating the various motivations that underlie existing According to Ethiopian legal system any tax imposed is appealable. Thus any tax payer has the Right to Appeal and can submit appeal on a tax decision rendered by the Tax Authority. If you have an additional question or comment or need to get a practical legal support in this regard please Contact us. income tax system of Ethiopia to test whether the schedular design of the Ethiopian income tax system is adequate for achieving the fundamental aims of equity and administrability. The main finding of the dissertation is that the existing income tax schedules are riddled with a III. THE ETHIOPIAN TAX SYSTEM The Ethiopian tax system also public finance- revenue and spending activities. The Transitional Government of Ethiopia issued Proclamation No. 7/1992, providing for the establishment of Regional Governments. III. THE ETHIOPIAN TAX SYSTEM The Ethiopian tax system also public finance- revenue and spending activities. The Transitional Government of Ethiopia issued Proclamation No. 7/1992, providing for the establishment of Regional Governments. Taxation In Ethiopia In Ethiopia a company, based on its activities may be required to pat the following taxes. The principal taxes currently in place are Company Profit Tax, Turn Over Tax/Value-Added Tax (VAT), Excise Tax, Customs Duty, Income Tax from Employment and income tax from business. acumen.lib.ua.edu Corporate tax in Ethiopia is imposed at a standard rate of 30%. All legal entities must register for income tax with the Ethiopian Revenue and Customs Authority and obtain a Tax Identification Number (TIN) and file annual tax returns by June of the year following the end of the tax year; III. THE ETHIOPIAN TAX SYSTEM The Ethiopian tax system also public finance- revenue and spending activities. The Transitional Government of Ethiopia issued Proclamation No. 7/1992, providing for the establishment of Regional Governments. (b) As the tax rate is increased, the deadweight loss also increases, but at a slower rate. (c) It measures a loss in revenue relative to a lump-sum tax that causes the same decline in utility. (d) It can be represented by a triangle under a demand curve. a. Commodity taxes are most likely to be a useful part of an optimal tax system if there ... division of revenue powers under the Ethiopian Constitution, the major tax laws and institutions of Ethiopia, and the underlying principles common to all tax laws. Chapter Two will introduce the students to the Income Tax in Ethiopia. Corporate tax in Ethiopia is imposed at a standard rate of 30%. All legal entities must register for income tax with the Ethiopian Revenue and Customs Authority and obtain a Tax Identification Number (TIN) and file annual tax returns by June of the year following the end of the tax year; Ethiopian tax system strikes one as random, disorganized, and incoherent in places. We are more accustomed to talking (if ever) about income taxes (even then, of specific income taxes), the value added tax, or customs duties than of the Ethiopian tax system as a whole. Since the jurisprudence of Ethiopian taxation is yet to develop fully, this How is income tax assessed in Ethiopia? Who is obliged to pay income tax in Ethiopia? What is the tax year in Ethiopia? What are categories of tax payers in Ethiopia? This article attempts to answer these and other questions in relation to Income Tax Regulations, Assessment and Payment in Ethiopia. Ethiopian Ministry Of Revenues (MOR) is the body responsible for collecting revenue from customs duties and domestic taxes. In addition to raising revenue, the MOR is responsible to protect the society from adverse effects of smuggling. It is therefore worth clarifying the Ethiopian tax system and the rationales behind for the business owners through the relevant institutions that have access to and ability to understand this booklet. The Ethiopian Tax System: Excesses and Gaps. Author(s) Taddese Lencho. Publication Date. 2012. Recommended Citation. Taddese Lencho, The Ethiopian Tax System ... 2merkato provides business information for investors, suppliers, buyers, traders who are engaged or want to engage in business activities in Ethiopia. Ethiopian Business Portal +251-93-010-5437 It is therefore worth clarifying the Ethiopian tax system and the rationales behind for the business owners through the relevant institutions that have access to and ability to understand this booklet. Title: The Tax System of Ethiopia Created Date: 20160808223127Z Ethiopian legal and judicial system. The Government and donor community are working together to support for reforms in the legal system and judiciary. Within the scope of the reform, a number of priorities can be identified and implemented on the medium (two to three years) to longer term (three to ten years). These include: Posted on September 14, 2011 September 18, 2011 Categories Articles, Investment, Legislation, Mining law, Tax and customs, Trade and`Commerce Tags bilateral agreement, customs crimes, Ethiopian customs law, Ethiopian revenue and customs authority, Ethiopian tax law, income tax, sales and excise tax, sur-tax, tax administration, tax assessment ... For further details on incentives available in Ethiopia, download the following document (PDF). Taxation. The Ethiopian tax system comprises direct and indirect taxes. Direct taxes include personal income tax, rental tax, withholding tax, and corporation tax, among others. According to Ethiopian legal system any tax imposed is appealable. Thus any tax payer has the Right to Appeal and can submit appeal on a tax decision rendered by the Tax Authority. If you have an additional question or comment or need to get a practical legal support in this regard please Contact us. (b) As the tax rate is increased, the deadweight loss also increases, but at a slower rate. (c) It measures a loss in revenue relative to a lump-sum tax that causes the same decline in utility. (d) It can be represented by a triangle under a demand curve. a. Commodity taxes are most likely to be a useful part of an optimal tax system if there ...