9 March 2014

Ethiopia: ERCA Urges Importers to Comply With Tax Laws

The Ethiopian Revenues & Customs Authority (ERCA) expressed concern that most importers were acting in contravention of tax laws, engaged in under invoice selling, deliberately omitting identity of buyers in invoices and quantifies of items traded, stashing away money obtained as profit and hoarding money at homes and other places.

"Some businesses have been caught while deliberately switching original marks to used items in an apparent attempt to get undue benefits," Tax Law Process Directorate director with the Authority, Befirdu Meseret, in his presentation on tax law violations by importers, on Tuesday, March 4, 2014, at a consultation forum organized by the Authority for importers at the Ghion Hotel, near Mesqel Square, along the Ras Desta Damtew Street.

Some importers on their part blamed businesses in regional towns, who they say have opted to buy from illegal business people and those engaged in contraband trade. They urged the Authority to take strict measures on executives working closely with illegal traders.

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