General Tax on Sales and Services Code
Law No. 16/97 of 31 March 1997 Preamble The ongoing tax reform would not be completed without creating and structuring a general sales and service tax. This tax, briefly denominated as General Sales and Services Tax (‘IGV’), shall fill in a gap in the national legal and tax system, supporting the Country within the movement of international and regional economical integration. The Country's commitments on international trade call for the adaptation of the tax system to the conditionality of the economic and financial system that results from it.