The Addis Ababa City Government Revenue Authority has collected 18 billion birr (around $663 million) during the first six moths of the Ethiopia’s current fiscal year started July 8, 2018. The majority of the income, which is 13.5 billion birr (around $479 million) is collected from direct tax. While 5.09 billion birr ($180.5 million) is collected from indirect taxes, and the remaining came from municipality service fees. The report indicated that out of the total, 69,319 are category A or large tax payers, while 46,981 are category B or medium tax payers and the remaining 219, 873 fall under category C category or small taxpayers. Category A tax payers whose annual turnover > 500,000 birr and category B tax payers annual turnover in between 100,000 – 500,000 birr.

Source: News Business Ethiopia February 13, 2019 17:15 UTC