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 week264869
mod_vvisit_counterLast week281452
mod_vvisit_counterThis month1140431
mod_vvisit_counterLast month1271595
mod_vvisit_counterAll days( since may 28, 2013)13546521

We have: 281 guests, 88 bots online
Today: Jul 31, 2014