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Tax incentives for investors importing new vehicles to Ethiopia

Ministry of Finance in collaboration with Addis Ababa Chamber of Commerce and Sectorial Association announced that, it is going to amend excise tax which takes in to account the benefit of the business community.

Excise tax in Ethiopia is imposed and payable on selected goods such as, luxury goods and basic goods which are demand inelastic. Moreover, it is believed that imposing the tax on goods that are hazardous to health and which are causes to social problems will reduce the consumption of such goods.

Ministry of Finance and Addis Ababa Chamber of commerce and sectorial association conduct a study in collaboration with Ethiopian Revenue and Customs Authority (ERCA) to amend the Excise Tax.

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