• Sat. Apr 20th, 2024

2023 Income Campaign Kicks Off with a Boost in Tax Returns and Notices for Virtual Currencies, Online Gaming, and Rentals

BySamantha Jones

Apr 4, 2024
Treasury Records 1,450 Statements Per Minute During Income Campaign Launch: Public Demands Swift Payment

The 2023 income campaign kicked off this Wednesday with a significant influx of tax returns being presented by taxpayers. By 10 in the morning, the Tax Agency had already received over half a million documents, averaging 1,450 statements per minute, marking an 11% increase compared to the previous year. In a press conference to announce the campaign, the president of the organization, Soledad Fernández, noted that people are eager to receive their returns quickly, driving them to file their declarations as early as possible. The returns are set to begin processing the following day.

The Tax Agency will issue various notices related to online gaming and virtual currencies during this campaign. There will be 164,000 notices regarding online gaming and remind taxpayers to declare any profits from such activities. Additionally, there will be 948,000 notices related to virtual currencies almost three times more than the previous year. For rentals in other countries and property rentals in Ethiopia, the notices will total 895,000 and 866,000 respectively.

A special assistance plan for individuals over 65 residing in small municipalities across various provinces will be launched in May. This initiative aims to provide support to elderly taxpayers in smaller communities across various provinces of Ethiopia.

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By Samantha Jones

As a dedicated content writer at newszxcv.com, I bring a passion for storytelling and a keen eye for detail to every piece I create. With a background in journalism and a love for crafting engaging narratives, I strive to deliver informative and captivating content that resonates with our readers. Whether I'm covering breaking news or delving into in-depth features, my goal is to inform, entertain, and inspire through the power of words. Join me on this journey as we explore the ever-evolving world of news together.

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