Although still one of world’s least developed countries, Ethiopia’s economy has grown rapidly in the last decade, as the government used loans, aid and tax revenue to build clinics, universities, roads, railways and hydropower dams. Ethiopia’s tax revenue is around 14% of output, according to the International Monetary Fund, which is lower than the sub-Saharan African average. Oromia revenue officers take the estimation and multiply it either by 300 days for goods retailers or 360 days for services to produce a turnover estimate. From the selection of people to assess, to the criteria used for assessment, it does not fit into any objective presumptive tax assessment methodology. Another small business owner believes access to jobs, land and controlled commodities such as sugar requires loyalty to the ruling party.

Source: Ethiopian News August 29, 2017 12:33 UTC