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The value-added tax was originally introduced in 1993, only to be abolished 9 years later, at the end of 2002. [7] As of 2003, after the tax reform, Ethiopia imposed a value added tax on all goods produced in the nation and all imported goods and services not exempt; the tax is rated at 15% on every transaction at each stage of manufacturing. [8]
The ministry was established under Proclamation No.916/2008 on 7 July 2008 with reorganization from the former Ministry of Capacity Building. [1] Its envisaged to observe public service and complete its mission ethically by 2020, as well as contributing economic development and social welfare by promoting modern Tax and Customs Administration.
The Federal Negarit Gazeta is the government gazette of Ethiopia, defined in Article 71.2 of the 1995 Constitution of Ethiopia and established on 22 August 1995 by the Federal Negarit Gazeta Establishment Proclamation No. 3/1995. [1] [2]
Since the new constitution of Ethiopia enacted in 1995, Ethiopia's legal system consisted of federal law with bicameral legislature. [1] The House of People's Representatives (HoPR) is the lower chamber of bicameral legislature of Federal Parliamentary Assembly with 547 seats and the House of Federation with 108 seats, the former vested on executive power of Prime Minister and the Council of ...
Between 1950 and 1960, the imperial government of Ethiopia enacted legislation and implemented a new policy to encourage foreign investment in the Ethiopian economy.This new policy provided investor benefits in the form of tax exemptions, remittances of foreign exchange, import and export duty relief, tax exemptions on dividends, and the provision of financing through the Ethiopian Investment ...
Amhara is represented by 138 representatives in the Federal Democratic Republic of Ethiopia House of Peoples' Representatives. All Representatives belong to the Prosperity Party federally. The Regional Government of Amhara recently annexed Welkait from Tigray during the Tigray War and administers the territory. [10]
The Derg promoted "Ethiopian socialism", embodying slogans such as "self-reliance", the dignity of labor, and "the supremacy of the common good". [4] On 4 March 1975, the Derg as a council proclaimed sweeping land reforms and drafted Land Reform Proclamation, aiming to eliminate complex land tenure system.
This is a list of government-owned companies of Ethiopia. A Government-owned corporation is a legal entity that undertakes commercial activities on behalf of an owner government . There is no standard definition of a government-owned corporation (GOC) or state-owned enterprise (SOE), although the two terms can be used interchangeably.