The Ministry has prepared its vision and mission statement. The vision and mission statements are prepared with full participation of the staff, stakeholders and collaborators.

Vision:

“Our vision is to see a modern and effective government revenue policy and administration system that is not exposed to corruption and delivers efficient service to the public and lays down a reliable basis for the acceleration of the country’s social and economic development.”

Mission statement:

"To enable government revenue be collected by performing revenue sector reform program continuously, laying down modern government revenue collection and administration; raising the awareness of the public and executing revenue laws without discrimination and giving transparent, efficient, fair and effective service to delivery."

Objective:

“The objective of the Ministry shall be to facilitate conditions for the systematic, efficient and timely collection of Government revenue and to direct their collection.”

Powers and Duties:

To set up systems of supervision and follow-up aimed at the efficient collection of Government revenues;

To direct and supervise the Federal Inland Revenue Authority, The Ethiopian Customs Authority and the National Lottery Administration;

To ensure the due assessment collection and proper keeping of accounts of Government revenues as well as of joint revenues of the Federal and Regional Governments, in accordance with the relevant laws;

To direct and coordinate the ongoing tax reform program;

To perform such other duties so as to help enhance the carrying out of its activities.

Values and Principles:

The Ministry is attempting to instill the following values and working principles, these principles and values are:

Develop the Revenue sector workers interest to collect and increase government revenue; their commitment to the organization.

The top management commitment to bring change and to make things to be time.

Interest to deliver open, efficient and fair service.

A feeling of integrity and not being exposed to corruption.

The enthusiasm to create a sector that brings development.

Based on the above stated vanguard values and principles the ministry's top management and staff have designed their own ethical ruler.