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Small businesses in Ethiopia are taxed differently than individuals. Businesses are required to pay: "business income tax, windfall income tax, other income tax, turnover tax and excise tax." [17] Over 20% of all tax revenue in Ethiopia is derived from business profit tax, and 62% of all direct taxes consist of business taxation. [12]
The salary distribution is right-skewed, therefore more than 50% of people earn less than the average net salary. These figures have been shrunk after the application of the income tax . In certain countries, actual incomes may exceed those listed in the table due to the existence of grey economies .
Its envisaged to observe public service and complete its mission ethically by 2020, as well as contributing economic development and social welfare by promoting modern Tax and Customs Administration. In 2022/23 fiscal year, the ministry sought to secure 450 billion birr in tax revenue. [2] The current minister is Lake Ayalew from 2021. [3]
It is responsible for general financial management and economic policy of Ethiopia, in addition to the allocation of economic assistance. Formerly the Ministry of Finance, it has its origins in the ministerial system introduced by Emperor Menelik II in 1907.
The Ministry of Public Service and Human Resource Development (MPSHRD) is an Ethiopian government department responsible for administration and management of civil servants, providing training and improvement opportunities. [1] It was established in 2008 under Proclamation No.916/2008. [2]
Ethiopian government department Ministry of Labor and Social Affairs የሠራተኛና ማህበራዊ ጉዳይ ሚኒስቴር Agency overview Formed 12 August 1957 ; 67 years ago (1957-08-12) Jurisdiction Ethiopia Headquarters Addis Ababa, Ethiopia Minister responsible Ergoge Tesfaye Website www.eservices.gov.et subtopic /2 The Ministry of Labor and Social Affairs is the Ethiopian ...
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Ethiopia expects to reach a national middle-income status by 2025. [39] Despite this, based on the most recent data from 2019, 68.7% of the population continues to be affected by multidimensional poverty and an additional 18.4% vulnerable to it.