Saturday 19 January 2019
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allafrica - 10 days ago

Ethiopia: The Healthy Part of Ethiopia s Tax Regime

[Addis Fortune] It is fortunate that not all goods and services are subject to the payment of a value-added tax (VAT). It is calculated on the value added to the product at each stage of its production, unlike a turnover tax, which is imposed on the gross value of the taxable product. VATs ultimately fall on the shoulders of the consumer, which could be detrimental when it comes to products of necessity, such as medical goods and services.

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