Products that are part of the São Tome and Principe basic basket of goods will see their Value Added Tax (VAT) rate halved, as a way to mitigate the impact of the launch of the new tax scheduled for 1 March 2020, the country’s finance minister announced on Thursday in São Tomé.
Source: macauhub.com.mo
Latest Posts in "São Tomé and Príncipe"
- São Tomé and Príncipe: 2024 Budget Amendments Impacting Tax Laws and Invoicing Software
- São Tomé and Príncipe Releases VAT Refund Form
- Sao Tome and Principe Provides VAT Exemption for Agricultural, Horticultural, Fish, and Livestock Products
- Government Exempts Agricultural and Livestock Products from VAT
- 5 Major Developments in Sao Tome and Principe
