Ethiopia MOF Issues Directive Providing List of Specific Goods, Services Eligible for VAT Exemptions

The Ethiopian Ministry of Finance June 20 issued Directive No. 1006/2024, providing a list of specific goods and services eligible for VAT exemptions. The directive includes: 1) a list of goods and services that are exempt from VAT; 2) that except for specified goods, all goods and services previously exempted by the various directives or decisions will be subject to VAT from the date the directive enters into force; and 3) that VAT exemptions for goods and services under international agreements or VAT payment arrangements will remain unaffected by the provisions of sub-article 2 of the relevant article. The directive ...