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The Structure of Taxation. The Ethiopian tax system is conditioned by the nature of its federal structure - the powers to levy and collect taxes are split between the states and the federal government, and can either be shared or exclusive. The federal government exclusively conducts: import and export taxes and tariffs, income taxes on civil ...
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As of 2010, 68.8% of federal individual tax receipts, including payroll taxes, were paid by the top 20% of taxpayers by income group, which earned 50% of all household income. The top 1%, which took home 19.3%, paid 24.2% whereas the bottom 20% paid 0.4% due to deductions and the earned income tax credit.
Website. www .mor .gov .et. The Ministry of Revenues and Customs Authority ( Amharic: ገቢዎች ሚኒስቴር) is an Ethiopian government department responsible for collecting taxes and customs duties. It was established in 2008 under Proclamation No.916/2008 by reorganizing the former ministry Ministry of Capacity Building.
v. t. e. An income tax is a tax imposed on individuals or entities (taxpayers) in respect of the income or profits earned by them (commonly called taxable income ). Income tax generally is computed as the product of a tax rate times the taxable income. Taxation rates may vary by type or characteristics of the taxpayer and the type of income.
Forty-seven states and many localities impose a tax on the income of corporations. [1] State income tax is imposed at a fixed or graduated rate on taxable income of individuals, corporations, and certain estates and trusts. These tax rates vary by state and by entity type.
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