- Ethiopia has issued a directive abandoning blanket VAT exemption
- The new approach will be selective in granting VAT exemptions
- This change is aimed at improving tax collection and increasing revenue
- The government hopes that this new directive will help boost the economy and reduce reliance on foreign aid.
Source: research.ibfd.org
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.