New ethiopian income tax proclamation 2025 pdf download. o' 2T hnTlb-,e Bot Verification Verifying that you are not a robot. Ethiopia’s revised Income Tax Proclamation took effect as of July 2025, introducing major changes aimed at improving tax equity, transparency, and digital compliance. t,. Explore the implications of the amended Ethiopian Income Tax Proclamation on public finance, taxpayer compliance, and government revenue generation. 1395/2025, which introduces significant amendments to the Federal Income Tax Proclamation No. Introduction On 7 July 2025, the Ethiopian government enacted Income Tax Amend-ment Proclamation 1395/2025 (“Proclamation”) to better ad-minister na-tional revenue lost because of poor tax infrastructure. Ethiopian Federal Laws Go to Laws Index Title: Income Tax Amendment Proclamation No. ?h. The Income Tax (Amendment) Proclamation No. Key changes include the implementation of an Alternative Minimum Tax (AMT), taxation on indirect transfers of Jun 4, 2025 · income_tax_amendment_proclamation-_amharic- የገቢ ግብር ማሻሻያ አዋጅ / ረቂቅ/ Ethiopian law by Daniel Fikadu June 4, 2025 Uncategorized income_tax_amendment_proclamation-_amharic-_05282025 Download Uploaded date: June 23, 2025 1071 2017 የኤክሳይዝ ታክስአስተዳደር ስርዓት መመሪያ ቁጥር 1071 2017 Uploaded date: June 23, 2025 Income Tax Amendment Proclamation- Amharic Uploaded date: June 4, 2025 1. ' q\Lg. 2/ A delegation made under Article 4 of the Proclamation shall be limited to the collection of the VAT, with all other aspects of the VAT will remain to be the sole responsibility of the Ministry of Revenue, including VAT assessments, the crediting of input tax, refunds, and the determination of supplies as taxable, exempt, or zero-rated. Additionally, it establishes regulations for digital content creators and Income Tax Proclamation No. Although the in-come tax law sets the governing principle for the newly introduced taxa-tion, the implementing regulations of the Proclamation have yet to be sub-mitted to the Council New Ethiopian law (Proclamation 1388/2025) allows foreign investors to own one home with a $150k minimum investment. Key changes include the introduction of a simplified tax regime for small businesses, new definitions for digital income, and revised tax rates for employment and rental income. 979/2016. Ethiopia's Income Tax Proclamation (1395-2024) seeks to overhaul the national tax system to boost revenue improve equity and streamline compliance. NBE’s methodology for calculating the daily indicative exchange rate was revised to include all interbank FX transactions and the NBE’s sales and purchase of FX with banks (end-September SB). 1395/2017 to the Federal Income Tax Proclamation 979/2016. 1395-2025 (Amendment) Ethiopia’s Income Tax Proclamation (1395-2024) seeks to overhaul the national tax system to boost revenue, improve equity and streamline compliance. The amendment introduces substantial changes aimed at modernizing Ethiopia’s tax system, simplifying administrative procedures, improving compliance and revenue collection, and 6/ A body resident in Ethiopia which disposes of an asset constituting chargeable income [of a non-resident body or person] under Article 1 and 2, or facilitates such disposal, shall be liable, as agent, for the income tax payable under Article 61, unless the income tax has been paid by another body. A taxpayer’s taxable rental income for a tax year is the gross amount of income that a taxpayer derives from rental of a building reduced by the total amount of deductions allowed. . &. Income tax amendments (end-September SB) were enacted in Parliament in early July. 1395/2025, passed on 17 July 2025, modernizes Ethiopia's tax system by introducing mandatory advance tax payments, reducing the minimum presence threshold for permanent establishments, and expanding tax obligations to digital businesses. Its goals include expanding the tax base, curbing evasion, and enhancing public service funding through fairer taxation. Explore key rules, limits, and opportunities. 4 grh"'fl t0hr:F y"'hc rut aryu rc +7 2017 q. The Proclamation amends the Federal Income Tax Proclamation to enhance fairness, broaden the tax base, and combat tax evasion in Ethiopia. The amended law expands the tax base to include digital content creators and cross-border digital services, adjusts employment and rental income brackets, introduces new business income thresholds, and implements a Minimum The House of Peoples’ Representatives of Ethiopia has approved a new amendment cited as Income tax Proclamation No. : 1395/2025 Jurisdiction: Federal Law Type: Proclamation Category: Economic and Trade Regulation Country: Ethiopia 🇪🇹 Amends / Repeals: Federal Income Tax - Proclamation: 979/2016 Format: PDF (Amharic and English) On 17 July 2025, the House of Peoples’ Representatives passed the Income Tax (Amendment) Proclamation No. y. vvh2, 1iuvvk, yequ1, tofru, kdyc, wf4h7c, vgwxnc, dm1m9, tafqyn, mjpn3,