Ethiopia Tax News





Govt Needs to Intensify Measures On Enhanced Production to Lower Inflation

July 2023
Ethiopia Prime Ministe: The government is undertaking various measures to reduce inflation such as subsidizing fertilizer and fuel.
br In an exclusive interview with ENA, Senior Economist and President of African Chamber of Commerce Kibur Gena said that the government should give due attention to reduce the internally generated inflation through increasing production and productivity.

Ethiopia Singapore Tax Treaty

December 2017
The 2016 double tax treaty, DTA, between the two countries entered into force on December 8, 2017 applying in Singapore from January 1, 2018 and from July 8, 2018 in Ethiopia.
According to the DTA there is a flat 5% tax withholding for payments of dividends, interest and royalties.

Ethiopia U.K. Double Tax Treaty

June 2011
Ethiopia and the U.K. signed in London on June 9 a tax treaty between the two countries.
The treaty generally follows the OECD model on exchange of information and includes, inter- alia, low tax withholding rates. 10% withholding for dividend, 5% for interest and 7.5% for royalties.
The treaty will enter into force after ratification by both countries.
More info www.hmrc.gov.uk



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