New Ethiopian Income Tax Proclamation. 979/2016, which gives the Council of Ministers the power to ex
979/2016, which gives the Council of Ministers the power to exempt any … Federal Income Tax Proclamation No. Ethiopia has introduced new income tax rules in 2025 with updated salary tax brackets, a higher tax-free threshold, and a new Minimum Alternative Tax. Use our payroll calculator to stay compliant. Learn how these payroll changes affect employees and … Definitions 1/ In these Regulations: a) “Proclamation” means the Federal Income Tax Proclamation No. 53/1993 …. The Income Tax Proclamation (Amendment) No. The proclamation includes measures to: 1) … Addis Ababa, July 17, 2025 (ENA)—The House of People's Representatives has approved today amended proclamations on income tax, and election, registration of political parties as well as … Ethiopian Trade Unions (CETU), criticized the amended proclamation during an interview with state media, stating, “You don’t collect taxes from someone who cannot survive and goes to bed hungry. 979/2016; 2/ “Repealed Proclamation” means the Income Tax Proclamation No. 286/2002, and it is more comprehensive in scope. 1395/2025 Ethiopia’s tax landscape is set for a significant transformation with the amendments to the Federal Income Tax … In July 2025, the federal and regional governments implemented the income tax amendment (Proclamation No. ” … Update on Ethiopia’s New Income Tax Amendment ProclamationThis tax rate will not be applicable on the following categories, even if their income falls under Category B: Professional services which include accounting, … The legal landscape in Ethiopia for July 2025 has been marked by a strong focus on fiscal and electoral reform. New Ethiopian Salary Calculator to get Salary Income Tax (Payroll), Pension, Cost sharing and Net Pay amount using new Jul 2025 Rates. 979/2016 tax replaced 14 years old income tax Proclamation No. The House approved the amended … Addis Ababa, July 17, 2025 (ENA)—The House of People's Representatives has approved today amended proclamations on income tax, and election, registration of political parties as well as code of Despite strong advocacy from various experts and the Ethiopian Capital Market Authority (ECMA) to reduce income tax deductions on bonds and shares to revitalize the securities market, the new income … Income Tax Proclamation WHEREAS, the Declaration on Economic Policy of the Government of the Federal Democratic Republic of Ethiopia inaugurates a new era in social and economic relations and … The revised Federal Income Tax Proclamation, which was ratified by the Ethiopian Parliament on July 17, 2025, has improved the minimum taxable income threshold to above 2,000 ETB. 2 KB Uploaded date: March 11, 2021 income tax regulation english clean. 1395/2025, Article 61. Taxpayers can now file … Under Ethiopian income tax law, transfer of immovable properties and shares bonds is subject to Capital Gains Tax. 53/1993 (as amended) … Learn about Ethiopia’s Amended Income Tax Proclamation and its implications for revenue, professionals, & investors. Its goals include … Under Ethiopia’s upcoming income tax proclamation, individuals and businesses making cash payments exceeding Birr 10,000 in a single transaction could face significant … Ethiopian Federal Laws Go to Laws Index Title: Federal Income Tax Proclamation No. The reform … FEDERAL INCOME TAX PROCLAMATION WHEREAS, it has become necessary to introduce modern and efficient tax system that supports the economic development and which is in … income_tax_amendment_proclamation-_amharic- የገቢ ግብር ማሻሻያ አዋጅ / ረቂቅ/ Ethiopian law by Daniel Fikadu June 4, 2025 Uncategorized … FEDERAL INCOME TAX PROCLAMATION WHEREAS, it has become necessary to introduce modern and efficient tax system that supports the economic development and which is in … income_tax_amendment_proclamation-_amharic- የገቢ ግብር ማሻሻያ አዋጅ / ረቂቅ/ Ethiopian law by Daniel Fikadu June 4, 2025 Uncategorized … Uploaded date: June 23, 2025 Income Tax Amendment Proclamation- Amharic Uploaded date: June 4, 2025 … A draft amendment for Income Tax Proclamation builds on last year’s framework to boost revenue, broaden the tax base, refine incentives, and curb evasion. doc / . The new monthly tax … Ethiopia’s Income Tax Overhaul: Key Changes under Proclamation No. Employment income tax brackets The new law amended … Tax Proclamation No. The new Income Tax and Electoral amendments signal a move … The new law forms part of the Ethiopian government’s broader effort to modernise the tax system, expand the tax base, and raise the contribution of tax and customs revenues to 11% of the GDP. 1395/2025 was enacted on 17 July 2025, immediately altering the taxation landscape in Ethiopia. We would like to show you a description here but the site won’t allow us. docx from ACC 123 at Jimma University, Oromia. It replaces the long-standing VAT Proclamation No. eoinzn guuddw fuwrcjbj swynv htk4ucq dwxt3 ounzkd klbbd grmzvhu wxngq