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In 1976, agricultural and rural land taxes were replaced by a land-use fee and a new agriculture tax. [1] Ethiopia underwent major tax reform in the 1990s. As a result, the tax system was overhauled alongside much of the public finance system. [2] The Ethiopian reforms were considered some of the most successful on the continent.
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]
After the Derg came to power during the Ethiopian Civil War, revenue stamps were issued in a similar design to the imperial issues but with different coats of arms and inscriptions. These exist for the Provisional Military Government of Socialist Ethiopia , the People's Democratic Republic of Ethiopia and the Federal Democratic Republic of ...
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.
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]
DETROIT (Reuters) -U.S. automakers Ford Motor and General Motors will donate $1 million each, along with vehicles, to U.S. President-elect Donald Trump's January inauguration, company ...
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.