Angola will be on the list of countries of the Southern African Development Community (SADC) that charge Value Added Tax (VAT) replacing Consumption Tax, starting in the country with a flat rate of 14%.
Source: macauhub.com.mo
Angola will be on the list of countries of the Southern African Development Community (SADC) that charge Value Added Tax (VAT) replacing Consumption Tax, starting in the country with a flat rate of 14%.
Source: macauhub.com.mo
Amongst others:
10 million-Angolan kwanza (US$15,247) threshold for VAT obligations
simplified VAT regime at a 7 percent
2.5 percent VAT withholding by automatic payment terminals
Source: bloombergtax.com
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