The Ministry of Finance has lifted the proposed five percent excise tax imposed on telecommunication services. The tax was lifted after the parliament called on the Ministry to hold a discussion with executives from Ethio telecom and decide on the removal of the tax.
The Tax Directorate of the Ministry has already amended the bill and tabled it to State Minister for Finance Eyob Tekalign (PhD) for final approval before it is sent to the parliament for legislation.
The draft excise tax proclamation, which has been tabled to the parliament a few weeks ago, proposed for the first time to add excise taxation on telecommunication services.
PUBLISHED ON
Feb 05,2020 [ VOL
20 , NO
1032]
Dec 22 , 2024 . By TIZITA SHEWAFERAW
Charged with transforming colossal state-owned enterprises into modern and competitiv...
Aug 18 , 2024 . By AKSAH ITALO
Although predictable Yonas Zerihun's job in the ride-hailing service is not immune to...
Jul 28 , 2024 . By TIZITA SHEWAFERAW
Unhabitual, perhaps too many, Samuel Gebreyohannes, 38, used to occasionally enjoy a couple of beers at breakfast. However, he recently swit...
Jul 13 , 2024 . By AKSAH ITALO
Investors who rely on tractors, trucks, and field vehicles for commuting, transporting commodities, and f...
Jul 5 , 2025
Six years ago, Ethiopia was the darling of international liberal commentators. A year...
Jun 28 , 2025
Meseret Damtie, the assertive auditor general, has never been shy about naming names...
Jun 21 , 2025
A well-worn adage says, “Budget is not destiny, but it is direction.” Examining t...
Jun 14 , 2025
Yet again, the Horn of Africa is bracing for trouble. A region already frayed by wars...
Loading your updates...