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ST. MARY UNIVERSITYSCHOOL OF GRADUATE STUDIESASSESSMENT OF ELECTRONIC TAX FILINGSYSTEM IN SELECTED BRANCH OFFICES OF ETHIOPIAN REVENUES AND CUSTOMS AUTHORITY (ERA) BYR UTA JOSEPHINE, 2017ADDIS AB

How to fill out assessment of electronic tax

How to fill out assessment of electronic tax

1. To fill out assessment of electronic tax point by point, follow these steps:
2. Gather all necessary information such as income details, expenses, deductions, etc.
3. Access the online tax assessment form provided by the tax authority.
4. Enter your personal details including name, address, social security number, etc.
5. Fill in the sections related to your income, such as employment income, self-employment income, investment income, etc.
6. Provide details of your expenses and deductions, such as eligible business expenses, medical expenses, charitable contributions, etc.
7. Review all the information entered to ensure accuracy and completeness.
8. Submit the completed assessment form electronically.
9. Pay any taxes owed or request a refund if applicable.
10. Keep a copy of the filled-out assessment form and relevant documents for your records.

Who needs assessment of electronic tax?

1. The assessment of electronic tax is needed by individuals and businesses who are required to report their income and pay taxes to the tax authority.
2. It is necessary for taxpayers who generate income from various sources such as employment, self-employment, investments, etc.
3. Both residents and non-residents may need to fill out the assessment of electronic tax depending on their tax obligations in a specific jurisdiction.
4. Businesses of all types and sizes may be required to submit an assessment of electronic tax to comply with tax regulations.

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What is assessment of electronic tax?

Assessment of electronic tax refers to the process by which taxpayers report their income and calculate tax liabilities using electronic means, often through online platforms or software.

Who is required to file assessment of electronic tax?

Individuals and businesses that have taxable income or financial activities that require tax reporting are typically required to file an assessment of electronic tax.

How to fill out assessment of electronic tax?

To fill out the assessment of electronic tax, taxpayers should gather required financial documents, access the relevant electronic tax software or online portal, and input their income, deductions, and any credits before submitting the form.

What is the purpose of assessment of electronic tax?

The purpose of assessment of electronic tax is to ensure accurate reporting of income and expenses, calculate tax obligations, and facilitate efficient processing and collection of taxes by tax authorities.

What information must be reported on assessment of electronic tax?

Taxpayers must report personal identification information, total income, deductions, taxable income, applicable credits, and any other relevant financial details as required by their tax jurisdiction.