Angola Modernization of Income Taxation

A capacity development mission of the Fiscal Affairs Department (FAD) of the IMF visited Luanda, during the period November 6-17, 2023, to provide advice on tax policy and administration reforms to modernize and improve the income tax system. The mission recommended moving from a highly fragmented t...

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Bibliographic Details
Main Author: Klemm, Alexander
Other Authors: Pecho, Miguel, de Vargas Serpa, Sandro, Wentworth, David
Format: eBook
Language:English
Published: Washington, D.C. International Monetary Fund 2024
Series:High-Level Summary Technical Assistance Reports
Subjects:
Online Access:
Collection: International Monetary Fund - Collection details see MPG.ReNa
Description
Summary:A capacity development mission of the Fiscal Affairs Department (FAD) of the IMF visited Luanda, during the period November 6-17, 2023, to provide advice on tax policy and administration reforms to modernize and improve the income tax system. The mission recommended moving from a highly fragmented toward a more unified approach to taxation of income, with all labor income aggregated over the year and taxed under a common progressive tax schedule. The mission pointed to opportunities for improving income taxes compliance approaches, including through the development of capacities to manage tax incentives and international tax risks
Physical Description:4 pages
ISBN:9798400265228