COUNCIL OF MINISTERS REGULATIONS NO.73/2001
COUNCIL OF MINISTERS REGULATIONS TO
AMEND THE TAX ON COFFEE EXPORTED
These Regulations are issued by the Council of Ministers pursuant to Article 5 of the Definition of Powers and Duties of the Executive Organs of the Federal Democratic Republic of Ethiopia Proclamation No. 4/1995 and Article 8 of the Tax on Coffee Exported from Ethiopia Proclamation No. 99/1998 empowering the Council of Ministers to issue Regulations amending the rate of the tax.
1. Short Title
These Regulations may be cited as the “Tax Amendment on Exported Coffee Council of Ministers Regulations N0. 73/2001”
Article 4 of the Tax on Coffee Exported from Ethiopia Proclamation No. 99/1998 is deleted and replaced by the following new Article 4:
4. Rate of the Tax
1) The Rate of the Tax shall be 6.5% (six and point five per cent) of the FOB price.
2) Notwithstanding the provisions of Sub-Article
(1) above, no tax shall be levied if the FOB price of the coffee exported is:
(a) below 105 cents (one hundred five cents) per pound for washed coffee;
(b) below 70 cents (seventy cents) per pound for unwashed coffee.
3. Effective Date
These Regulations shall enter into force as of the date of their publication in the Federal Negarit Gazeta.
Done at Addis Ababa this 24th day of May. 20001.
PRIME MINISTER OF THE FEDERAL
DEMOCRATIC REPUBLIC OF ETHIOPIA