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Small businesses in Ethiopia are taxed differently than individuals. Businesses are required to pay: "business income tax, windfall income tax, other income tax, turnover tax and excise tax." [17] Over 20% of all tax revenue in Ethiopia is derived from business profit tax, and 62% of all direct taxes consist of business taxation. [12]
The licensing policy brought out in June 1993 is titled "Mining and Mining Income Tax Proclamation". [7] Some of the licenses issued cover mining of gold and base metals and also manufacture of cement, potash, diatomite and also covering industrial and construction materials. [6]
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.
Issued in 1983, the Derg's Proclamation No. 235 (the Joint Venture Proclamation) signaled Ethiopia's renewed interest in attracting foreign capital. The proclamation offered incentives such as a five-year period of income tax relief for new projects, import and export duty relief, tariff protection, and repatriation of profits and capital.
6.9% (for minimum wage full-time work in 2024: includes 20% flat income tax, of which first 7848€ per year is tax exempt for low-income earners + 2% mandatory pension contribution + 1.6% unemployment insurance paid by employee); excluding social security taxes paid by the employer
Close to 1 in 10 people in the U.S., about 32 million people, are Hispanic males; the U.S. Latino population is nearly evenly divided between men and women.
There were various other types of revenues issued in Ethiopia: Airport Passenger Service Charge; Alcohol Tax; Salt Tax; Tobacco Monopoly; The Chamber of Commerce of Addis Abeba had its own revenues from 1949 to 1969. When Eritrea was part of Ethiopia, it still had separate revenues until the 1960s.
The Dow Jones Industrial Average is chock-full of industry-leading blue chip stocks-- many of which pay dividends.But the Dow tends to underperform the S&P 500 during growth-driven rallies when ...