Tag: income tax

Draft Income Tax Proclamation

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Draft Federal Income Tax Proclamation (English)   DOWNLOAD

የታክስ አስተዳደር አዋጅ (ረቂቅ)                                      DOWNLOAD

Draft Tax Administration Proclamation  (English)         DOWNLOAD

PROCLAMATION No. 802-2013 A PROCLAMATION TO AMEND THE MINING INCOME TAX PROCLAMATION

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PROCLAMATION No. 802-2013

A PROCLAMATION TO AMEND THE MINING INCOME TAX PROCLAMATION

WHEREAS, it has became necessary to amend the Mining Income Tax Proclamation;

NOW THEREFORE, in accordance with Article 55( I) of the Constitution of the Federal Democratic Republic of Ethiopia, it is hereby proclaimed as follows:

1. Short Title
This Proclamation may be cited as the “Mining Income Tax (Amendment) Proclamation No. 802/2013”

2. Amendment
Paragraph (a) and (b) of sub-article (I) of Article

3 of the Mining Income Tax Proclamation No.53/J993 (as amended) are hereby deleted and replaced by the following new sub-article (J):

“1/ in the case of a large scale mining license holder 25% of taxable income.”

3. Effective Date
This Proclamation shall enter into force on the date of publication in the Federal Negarit Gazette.

Done at Addis Ababa this 26th day of July. 2013

GIRMA WOLDEGIORGIS PRESIDENT OF THE FEDERAL DEMOCRATIC REPUBLIC OF ETHIOPIA

Income Tax (amendment) Regulation No. 164/206

Regulation No. 164/2009

COUNCIL OK MINISTERS REGULATION TO

PROVIDE FOR THE AMENDMENT OF THE

INCOME TAX REGULATION

This Regulation is issued by the Council of Ministers pursuant to Article 5 of the Determination of Powers and Duties of the Executive Organs of the Federal Democratic Republic of Ethiopia Proclamation No 471/2005. And Article 117 (I) of the Income Tax Proclamation (as amended) No. 286/2002.

1.      Short Title

This Regulation may be cited as the “Council of Ministers Income Tax (amendment) Regulation No. 164/2069.”

2.      Amendment

The Council of Ministers Income Tax Regulation No 78/2002 is here by amended as follows.

1/  The provision of Article 12 is repealed and amended by the following new Articlel2,

12.) loss Carry Forward

1 For purposes of Article 28 of the Proclamation loss may be carried forward where the books of account showing the loss is audited and accepted by the Tax Authority.

2 The Tax Authority must audit the books of account showing loss until the declaration period of the next lax year The loss can be carried forward if the lax payer has submitted books of account showing loss audited by external auditors and the tax Authority fail to verify the same.

3 Notwithstanding the provision of sub- article 3 of this article the Authority at any time can carry out and investigation and make an adjustment on the loss carried forward.”

2/ After sub-article 2 of Article 23 the following new sub articles (3) and (4) are added.

3. Tax payers having more than one business or branch offices, with the permission of the Tax Authority can make payments of tax deducted from income of employees withhold tax on schedule “C” payments. schedule “D” income; by declaring directly to the branch office of the Authority or through third party delegated by the Authority or through  electronically communication system (E-Filing).

4) For the purpose of sub-Article 3 a tax payer who have more than one business or branch can declare and pay lax to the nearest branch offices of the tax Authority by using his Tax Identification Number ( TIN) with a pre-fix to distinguish each branch.”

3. Sub-Article (3) and (4) of article 21 are renumbered as sub-Articles (5) and (6).

3. Miscellaneous Provision

The phrases “Tax Authority” or ” the Federal Inland Revenue Authority” excluding the TAX Authorities of Regional States and City Administrations found in the different provisions of the Regulation are here by replaced by the following phrases “Institution” or The Ethiopian Revenues and Customs Authority”. respectively.

4. effective date

This Regulation shall come in lo force upon the date of publication in the Federal Negarit Gazeta.

Done at Addis Ababa, this 24* day of March 2009.

MELES ZENAWI

PRIME MINISTER OF THE FEDERAL DEMOCRATIC REPUBLIC OF ETHIOPIA