Legal Alert | Update on Ethiopia’s New Excise Tax Proclamation

Ethiopia’s excise tax regime has been in place for almost two decades. On February 13, 2020, the Federal Parliament approved a new Excise Tax Proclamation No. 1186/2020 (New Proclamation) repealing Excise Tax Proclamation No. 307/2002 and its amendments. (Repealed Proclamation). Drafted by the Ministry of Finance, the New Proclamation introduces new concepts and excise tax rates.  In this issue of our legal update, we present a summary of the changes introduced:

Should you have any questions regarding the information in this legal alert, please do not hesitate to contact Mesfin Tafesse.

Mesfin Tafesse
Principal Attorney

The content of this alert is intended to be of general use only and should not be relied upon without seeking specific legal advice on any matter.