Small businesses protest new tax in Ethiopia

Jul 20, 2017

Business owners in Ethiopia’s Oromia region are protesting a new business tax. The tax is levied on small businesses with an annual turnover of up to $4,300 in a government bid to raise revenue. So far 148,000 traders have had their income evaluated to see if they should be paying it.

Taxation is low in Ethiopia, averaging 15.2% of GDP compared to a world average of 34%. A 2016 survey showed that 54% of businesses feel that the effort of complying with tax laws is worse than the actual amount of tax.

Loading...

Looking for more trends and insight on FMCG in Africa?

Join Trendtype's mailing list for news, events and more.

Thank you for joining us. Speak to a member of our team today on +44 333 567 9995

Looking for more trends and insight on FMCG in Africa?

Join Trendtype's mailing list for news, events and more.

Thank you for joining us. Speak to a member of our team today on +44 333 567 9995