Tax income of Dukem, one of industrial hubs of Ethiopia, has almost quadrupled from it was five years ago, says tax official of the town. “The annual total tax income of Dukem town, which was 74.2 million birr, has increased to 271 million birr last Ethiopian fiscal year concluded July 7, 2019, according to Mr. Tegenu Daba, head of Dukem town tax Bureau. “Even though the majority of the tax income from the industries goes to the federal government because they are structured as Private Limited Companies (PLC), Dukem town is still getting the majority of its income from these industries by collecting income tax from the employees. Dukem town currently has about 500 industries in our town of which 397 are operational. We are planning to setup an office within the Eastern Industrial Zone to improve our income tax collection from the industries,” Tegenu, says.
Source: News Business Ethiopia October 21, 2019 10:52 UTC