EuroCham highlights high cost of tax complaint filings
The European Chamber in Ethiopia (EuroCham) has unveiled its policy paper for the fourth time, aimed at improving tax administration in the country. One notable provision in the policy is the requirement for companies to deposit 50 percent of the tax amount in dispute when filing an appeal with the Federal Appeals Commission.
Under the current system, taxpayers must submit a deposit equal to half of the original tax amount to appeal to the Commission.
EuroCham highlights high cost of tax complaint filings
The European Chamber in Ethiopia (EuroCham) has unveiled its policy paper for the fourth time, aimed at improving tax administration in the country. One notable provision in the policy is the requirement for companies to deposit 50 percent of the tax amount in dispute when filing an appeal with the Federal Appeals Commission.
Under the current system, taxpayers must submit a deposit equal to half of the original tax amount to appeal to the Commission.
I have no inside knowledge of a potential stock listing of the popular anti-Whatsapp messaging app, Telegram. But I know this much, judging by most people I talk to, especially crypto investors, if Telegram ever went public, people would gobble it up. I know I would. I’m waiting for it. So is Sergei Sergienko, who claims he owns $800,000 of Telegram’s pre-initial coin offering (ICO) tokens. “If Telegram does a SPAC IPO, there would be demand for this issue. It would probably outstrip the interest we saw during the ICO. Why? Because as of right now Telegram looks like a liberal application that can accept anyone - right after WhatsApp and others have turn on the censorship,” he says.
Telegram Gives Up On Crypto Blockchain Project
Durov said on his Telegram channel today that the two and a half year blockchain and crypto project has been put to sleep. Ironically, after leaving Russia because the government wanted his encryption keys to his social media firm, Durov’s cryptocurrency idea lost steam because of a U.S. court. “The technology we created allowed for an open, free, decentralized exchange of value and ideas. TON had the potential to revolutionize how people store and transfer funds and information,” he wrote on his channel. “Unfortunately, a U.S. court stopped TON from happening.”
