Conditions for the Deductibility of Business Expenses under Ethiopian law: Case Oriented Analysis
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Date
2019-01
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Publisher
AAU
Abstract
While auditing the self·assessment report of category A and B business income taxpayers, the
Tax Authority should relay on the tax policies, tax rules and tax principles of the country.
Denying deduction for business expense which are incurred by the business income taxpayer
while conducting its business activity by setting additional precondition may adversely affect the
taxpayer since by doing so it impose additional obligation and increase not only the tax burden of
the taxpayer; but also it obliged the business income taxpayers to pay interest and penalty.
Description
Keywords
Business income taxpayers, Deductions, Business expenses, ERCA