Ethiopia, N. Korea sign agreement to avoid double taxation

  • PDF

Addis Ababa, December 6 (WIC) - Ethiopia and North Korea here on Wednesday signed agreement to avoid double taxation. The agreement will enable the two sides to avoid double taxation and prevent fiscal evasion on income taxes between the two countries.

The agreement creates favorable conditions for business persons and organizations regarding to capital flows and free movement of individuals, among others.

The agreement will provide vibrant investment opportunity and overall trade enhancement and economic development, which benefit the people and governments of both countries.

Finance and Economic Development State Minister, Ahmed Shide and North Korean Ambassador to Ethiopia, Kim Hyok Chol signed the agreements. ( ENA)

Subscribe to get latest news

Visitors Counter

mod_vvisit_counterThis week196558
mod_vvisit_counterLast week342815
mod_vvisit_counterThis month799989
mod_vvisit_counterLast month1188964
mod_vvisit_counterAll days( since may 28, 2013)9054081

We have: 528 guests, 47 bots online
Today: Apr 18, 2014