19 June 2018 Angola to implement VAT in 2019 At the end of 2017, the Angolan Government approved, through Presidential Decree nr. 258/17, an Interim Plan to implement a package of measures to achieve macroeconomic stability, boost the overall economy, and address the most pressing social issues of the country. Among these measures was the inclusion of the Value Added Tax (VAT) in the general state budget for 2019, which will come into force as of January 1, 2019 and it will be gradually applied. VAT will be mandatory for large taxpayers during the first two years, and optional to the remaining taxpayers that intend to apply the VAT regime. Document ID: 2018-1248 |
