Ethiopia Revises its Transfer Pricing Directive

Ethiopia has issued a revised Transfer Pricing Directive No. 981/2024 (hereinafter the “Directive”) under Section 79 of the Income Tax Proclamation No. 979/2008. The new Directive repeals the Transfer Pricing Directive that was issued back in 2015.

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Ethiopia's New Data Protection Law

Ethiopia recently enacted a comprehensive Personal Data Protection Proclamation (the "Proclamation"), a significant development for the country which previously did not have a consolidated legislation on data protection, only scattered laws spread across various legislations.

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