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Ethiopian Federal Laws
Go to Laws Index
Title:
Turnover Tax
Proclamation No.:
308/2002
Jurisdiction:
Federal
Law Type:
Proclamation
Category:
Finance and Investment
Country:
Ethiopia 🇪🇹
Amended By / Repealed By:
Turnover Tax (Amendment) - Proclamation: 611/2008
Format:
PDF (
Amharic and English
)
NEGARIT GAZETA OF THE FEDERAL DEMOCRATIC REPUBLIC OF ETHIOPIA "Jlia ntn 21 6 ,wllJ "iic CONTENTS 308/2002 Turnover Tax 2024 "iic 'W : hootIJ.A M-r ootthA f : , II"lf 308/2002 TURNOVER TAX PROCLAMATION it has been determined that there shall be enacted a value-added tax to enhance saving and investment, minimize the damage that may be caused by attempts to avoid or evade taxes, stimulate economic growth, and improve the relationsl}ip between Gross Domestic Product and Govern- ment Revenue; WHEREAS, administrative feasibility considerations limit the registration of persons under the value-added tax to those with annual taxable transactions the total value of which Birr; WHEREAS, an equalization turnover tax imposed on persons not registered for value-added tax allows them to fulfill their obligations and also enhances fairness incommer- cial relations and makes complete the coverage of the tax system; NO THEREFORE, in accordance with Article and of the Constitution, it is hereby proclaimed htt:A Ii' IJ "iic . SECTION ONE General Short Tide This Proclamation may be cited as the "Turnover Tax Proclamation , 80,001
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