Insights
Ethiopia Flips the Script from Banning Crypto to Launching CBDC
By Ketema Adane Ethiopia Enters the Digital Age: From Crypto Ban to CBDC Launch Introduction While Ethiopia's National Bank of Ethiopia (NBE) establishment proclamation (No. 591/2008) designates Birr as the sole legal tender, a significant shift is underway. On June...
Clock Rewind: Ethiopian Tax Amended Assessment Time Limit Controversy Heats Up
By Ketema Adane Bargicho Ethiopian tax policy emphasizes voluntary compliance through self-assessment. This means taxpayers are periodically obligated to calculate and pay their own tax liability according to relevant tax laws. If a taxpayer misses the deadline for...
Punishing the Victim? The Case of Not Allowing Deduction and Return of input tax for Alleged Fraudulent Invoices
By Arba Beyene Introduction Use of fake invoices created problems like brand falsification, money laundering, terrorist financing and claiming input tax return from tax payers’ money. But sometimes it may also put genuine tax payers in a situation where the input tax...
Ethiopia’s New Commercial Code: Potential Boon or Bane for Minority Stakeholders?
The new squeeze-out provision in Ethiopia's Commercial Code may represent a welcome development, but it could face challenges. The evolution of corporate law is a chess game of its own, requiring careful strategies to protect all players' rights, from controlling...
The Dream and the Dilemma of Africa’s Single Currency
It is an ambitious plan that sees the African Union (AU) striving to create a single currency for the continent, marking a crucial part of its economic integration strategy. The initiative, crafted within the broader design of the Abuja Treaty of 1991, aspires to pool...
Understanding Tax Obligations in Real Estate Transactions
The real estate industry is growing despite the lack of trust between developers and buyers. Without a comprehensive legal regime, it is primarily governed by contractual arrangements. However, it is possible to shift the economic burden of tax by way of a contractual...
States’ Right to Counterclaim Gradually Climbs International Courts
The counterclaim is a domestic law concept, which is gaining international recognition in investor-state dispute settlement, either through treaties or tribunals, writes Yehualashet Tamiru Tegegn (yehuala5779@gmail.com), lawyer and researcher. The views and opinions...
Tribunal’s Power to Order Interim Measures in Troubled Waters
The new squeeze-out provision in Ethiopia's Commercial Code may represent a welcome development, but it could face challenges. The evolution of corporate law is a chess game of its own, requiring careful strategies to protect all players' rights, from controlling...