ADDIS ABABA, ETHIOPIA (APA) – The Tigray People Liberation Front (Woyanne)-led Ethiopian regime’s revenue authorities have arrested about 100 business owners in connection with Value Added Tax (VAT) fraud in Addis Ababa, APA learns here on Wednesday.
The Ethiopian Revenue and Customs Authority (RCA) has this week launched a crack dawn on businesses in Addis Ababa after getting information that some businesses were not properly implementing the VAT law, which Ethiopia introduced some three years ago.
The authority announced on Wednesday that so far 46 businesses have been identified for “illegally” using the VAT law and cash registration methods in their business in Addis Ababa.
APA observed a number of shops shut down in Piazza and Merkato business areas of Addis Ababa.
According to the authority, those arrested will be charged.
Hotels, jewelers, cafés and restaurants are among the businesses that have been shut down by the crack down.
The authority used its own intelligence officers to arrest those involved in the fraud. Many of the businesses were accused of not issuing VAT invoices to the authority.