Double Taxation treaties in Angola

Double Taxation treaties in Angola

images (3)

Angola does not have any tax treaties in force. Tax treaty negotiations between Angola and Portugal have begun, and the treaty will follow the United Nations model convention. In addition, it is expected that Angola will implement a tax treaty network with countries with which it has preferential socioeconomic relations, which are Southern Africa Development Community (SADC) countries and member countries of the Community of Portuguese Language Countries (CPLP).

Angola has entered into an agreement with Portugal on the reciprocal promotion and protection of investments. However, this agreement does not provide any specific tax benefits. Portugal provides a participation exemption regime for Angolan-source dividends paid to Portuguese corporate shareholders if certain conditions are met.

About The Author

John Muhaise-Bikalemesa (JMB), is the founder of blog and company. Learn more about him here and connect with him on his social medias below

Related posts