Taxing Times: What Ethiopia’s New Tax Reform Means for Your Wallet

Ethiopia has one of the lowest tax revenue-to-GDP ratios in Africa. [1], Multiple factors account for the inefficiency of the taxation system. People may say they don't trust the government with their money or are lost in the money-hiding games, while the country is struggling with budget insufficiency. Among the various measures identified as helping to tackle tax avoidance, Ethiopia is proceeding with legislative improvements.

As long as it’s legal…