The Ethiopian Ministry of Finance issued a Directive to Provide Rules on Transfer Pricing, Directive No. 981/2024, establishing clear rules on transfer pricing. This landmark Directive aims to enhance tax fairness and transparency by ensuring transactions between related parties are conducted at arm’s length, reflecting market conditions. The Directive draws its authority from the Federal...Read More

Ethiopian Government Support for Disaster-Affected Investors Comes to an End: Directive 967/2023 Repeals Directive 253/2021 The Directive that provides for the Government’s support to investors whose properties were damaged by both man-made and natural disasters is repealed by the Ministry of Finance’s Directive 967/2023. Consequently, Directive No.253/2021 is repealed as of the 29th of May...Read More