The Addis Abeba Revenue Bureau said it has collected 12 billion Birr in the first three months of the current fiscal year.
The Bureau is about to announce “Grade A” taxpayers of their taxes and collect the taxes until the November 9, 2021.
Mulugeta Tefera, Bureau’s Head said that expansion of the tax base in Addis Abeba has been among the major activities carried out in the fiscal year.
The measures taken in this regard include incorporating new taxpayers into the system.
The Bureau has a plan to collect 48.5 billion Birr within this fiscal year. Mulugeta said that cementing the ties between the Bureau, the taxpayer and other pertaining institutions are among the basic activities to be accomplished in a bid to realize the plan.
The Bureau has surpassed its plan for the first quarter and collected 12.26 billion Birr, 5 percent more on its initial plan of 11.59 billion Birr.
Compared to the same period last year, the revenue collected during the first quarter has increased by 40 percent, said Mulugeta.