Bambis Pays 19 Million Br in First Instalment to Tax Authority

published 437 days, 6 hours, 24 minutes ago posted by adminadmin 437 days, 6 hours, 58 minutes ago
Wednesday, March 09, 2011 7:31:09 AM GMT Wednesday, March 09, 2011 6:56:33 AM GMT

Bambis Supermarket has paid the Ethiopian Revenues and Customs Authority (ERCA) around 19 million Br in its first instalment of paying back taxes amounting to 53  million Br, after being accused of tax evasion. Bambis Supermarket had paid 35.8pc of what it owes in back taxes as part of a deal it made with the ERCA. The authority requires a payment of at least 25pc as a first instalment, after which the amount can be paid on a mont...

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