Ministry Takes Measure on 135 Tax Evading Companies

1177

Addis Ababa February 27/2019 Ministry of Revenues said it has taken measures on 135 companies that have allegedly committed 14-billion birr tax evasion.

The suspected organizations include wholesalers, distributors and first-level contractors, it was learned. 

Some of the companies failed to issue sales receipt and declared bankruptcy falsely, the ministry claimed.

According to the ministry, 105 employees of the companies have been detained and 64 of them charged.

Investigation is being carried out on more companies in connection with tax evasion.

Ethiopian News Agency
2023