Consult the relevant proclamations and regulations to discuss elaborately how the following types of income are taxed in Ethiopia  Royalties  Income from rendering of technical services  Income from game of chance  Income from Dividends  Income from casual rental of property  Interest income on deposits  Gain on transfer of certain investment

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
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Chapter1: Financial Statements And Business Decisions
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1. Consult the relevant proclamations and regulations to discuss elaborately how the following types of income are taxed in Ethiopia

 Royalties

 Income from rendering of technical services

 Income from game of chance

 Income from Dividends

 Income from casual rental of property

 Interest income on deposits

 Gain on transfer of certain investment property

2. Briefly discuss the procedure for withholding income tax on payments

3. Describe briefly the tax declaration and assessment procedures for category A and category B business income tax payers.

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