: A simplified overview of the key changes from Legal Service Ethiopia. Income Tax (Amendment) Proclamation No.1395/2025
: Applies to payments exceeding ETB 20,000 per contract.
: Revised to 10% (up from 5%), though cultural/artistic royalties may remain at 5%. withholding tax proclamation in ethiopia pdf best
: A strict transaction limit of ETB 50,000 for cash payments has been introduced to encourage digital tracking of taxable transactions. Essential Documents for Download (PDF)
: Generally 10% , though specific financial institution transactions can reach up to 30%. : A simplified overview of the key changes
Businesses must adhere to strict filing requirements to avoid penalties:
To stay compliant, it is recommended to review the official legal texts: 000 per contract.
: Applies to payments exceeding ETB 10,000 per contract.