OrbitaxOrbitax

Tax Treaty between Ethiopia and South Korea has Entered into Force

|Treaty Development|Ethiopia-Korea, Rep of
Ethiopia-Korea, Rep of

The income tax treaty between Ethiopia and South Korea entered into force on 31 October 2017. The treaty, signed 26 May 2016, is the first of its kind between the two countries.

Taxes Covered

The treaty covers Ethiopian tax on income and profit imposed by the Income Tax proclamation, and the tax on income from mining, petroleum, and agricultural activities. It covers Korean income tax, corpo…

Continue Reading