Monday, 24 July 2017

Ethiopian authorities withdrawn proposed tax hike for small businesses




  

   Following protests by small and medium scale business owners, the Ethiopian authorities have withdrawn a proposed tax hike for small businesses, the Addis Standard news portal.

   During the protests, shops were closed in the Oromia State early last week and by Friday, the action had spread to the capital Addis Ababa, with shops in bustling parts all closed.
   According to reports, the head of the Ethiopia Revenue and Customs Authority ERCA, Kebede Chane, said the decision to scrap the tax hike was hinged to the complaints they had received from affected persons.
    Reports also have it that aside the closure of shops in Addis Ababa, people were also said to have weighed options of returning their business licenses or filing complaints with the tax authorities.

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