- Powdered infant formula is now subject to VAT in Ethiopia
- The Ethiopian Customs Commission clarified confusion about taxing baby formula
- There have been disputes between the Commission, finance ministry, and importers since the VAT proclamation enforcement
- Ethiopia aims to increase domestic revenue by implementing new taxes and broadening the tax base
- The government plans to grow the tax-to-GDP ratio to about 18% in the next few years
Source: shega.co
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.
