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.
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:
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.
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.