Ministry identifies companies involved in 14 bln birr tax evasion

.105 suspects detained

ADDIS ABABA – Ministry of Revenue announced that it has identified 135 companies involved in 14 billion birr tax evasion in the last six months.

The Ministry has also disclosed that law enforcing bodies, with the support of the general public, have also detained some 105 individuals in relation to the tax evasion. Briefing journalists, Adanech Abebe, the Ministry’s monitoring system revealed that 78 individuals were caught red-handed while the rest 57 through continuous investigation.

70 percent of the companies are involved in wholesale trade while the rest are retailers. She also noted that the ministry is committed more than ever to expose tax evasions and collect the 14 billion Birr tax revenue lost.

The Ethiopian Herald, February 28/2019

BY TSEGAYE TILAHUN

 

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