imageAngola | Law No. 19/14, of 22 October 2014

Corporate Income Tax Code - 2014

Preview Extract:

The approval of the Corporate Income Tax Code aims at updating this tax, whose current taxation system does not allow a capable response to the complexity of the operations of its taxable persons, nor does it allow a fair and efficient tax relationship between the tax administration and the taxpayers. Corporate Income Tax shall be levied on profits attributable to the exercise of any activity of commercial or industrial nature, even if carried ou on an occasional basis.