Ethiopia’s excise tax regime has been in place for almost two decades. On February 13, 2020, the Federal Parliament approved a new Excise Tax Proclamation No. 1186/2020 (“New Proclamation”) repealing Excise Tax Proclamation No. 307/2002 and its amendments. (“Repealed Proclamation”). Drafted by the Ministry of Finance, the New Proclamation introduces new concepts and excise tax rates.  In this issue of our legal update, we present a summary of the changes introduced: