Finance ministry targets digital creators for taxation

Ethiopia's federal government is preparing to formalize taxation on digital content creators operating online. It targets those earning at least 100,000 birr annually from platforms. Draft regulations from the Finance Ministry require registration, tax identification numbers, and receipt issuance for all earnings.

Officials from Ethiopia's Finance Ministry are advancing plans to impose taxes on digital content creators who operate online. The initiative focuses on individuals earning more than 100,000 birr per year through various platforms. Under the proposed regulations, creators must register with the tax authority, secure a Tax Identification Number, and provide receipts for every transaction.

Both cash payments and in-kind compensations will face income tax obligations. Creators are required to file quarterly declarations and make payments within 30 days after each quarter ends. This move by the government aims to integrate the burgeoning digital content economy into the formal tax system.

As online content creation grows rapidly in Ethiopia, formalizing these earnings could broaden the tax base without stifling innovation. The draft rules are still under review and may be adjusted before implementation. No specific timeline for enactment has been announced.

Makala yanayohusiana

Ethiopia's tax authorities introduced QR code receipts to modernize administration and curb evasion, aiming for greater transparency and digital issuance of documents. However, the rollout has created severe bottlenecks, paralyzing business operations and eroding trust in the system. Traders are rushing to printing enterprises in Addis Ababa to comply.

Imeripotiwa na AI

Habesha Breweries, one of Ethiopia's leading beer producers, has warned that a 40% excise tax and new digital tax stamp will exert significant financial and employment pressure on the company. The tax, applied at the factory gate, will compel payments to the government without corresponding revenue gains. This measure poses broader risks to the industry amid rising costs.

Ethiopia's Ministry of Justice has directed all commercial banks to freeze the accounts of ten payment gateway providers and provide complete financial records. The action aims to probe allegations of tax evasion and money laundering in the expanding digital finance sector. This follows a recent lifting of freezes on related individuals.

Imeripotiwa na AI

The Egyptian Tax Authority has launched a new mobile app allowing electronic payment of real estate transaction taxes and quick issuance of tax clearance certificates. Rasha Abdel Aal, the authority's chairperson, announced this at a meeting hosted by the Swiss Chamber of Commerce in Egypt. The move aims to expand digital services and build trust with investors.

Jumanne, 27. Mwezi wa kwanza 2026, 16:02:01

Supreme Court blocks VAT drive on lawyers

Jumamosi, 24. Mwezi wa kwanza 2026, 21:15:50

Ethiopia's tax reform hits its own bottleneck

Alhamisi, 22. Mwezi wa kwanza 2026, 12:48:08

A safety net emerges in Ethiopia's budding capital market

Jumapili, 11. Mwezi wa kwanza 2026, 16:10:39

South Africa should tax big tech despite US pressure

Jumapili, 4. Mwezi wa kwanza 2026, 20:52:58

IRS study highlights biases in cryptocurrency tax reporting

Jumamosi, 3. Mwezi wa kwanza 2026, 19:16:00

Egyptian tax authority begins receiving 2025 tax returns with expanded support

Ijumaa, 26. Mwezi wa kumi na mbili 2025, 11:52:44

Congress finalizes fintech tax hike in fiscal package amid innovation debate

Jumatano, 24. Mwezi wa kumi na mbili 2025, 17:30:58

Calls grow for suspension of new tax laws amid constitutional concerns

Ijumaa, 12. Mwezi wa kumi na mbili 2025, 12:38:41

Central bank drafts strategy to cut digital payment costs

Jumatano, 10. Mwezi wa kumi na mbili 2025, 19:48:37

Federal tax authorities phase out manual receipts for QR codes

 

 

 

Tovuti hii inatumia vidakuzi

Tunatumia vidakuzi kwa uchambuzi ili kuboresha tovuti yetu. Soma sera ya faragha yetu kwa maelezo zaidi.
Kataa