imageGuinea Bissau | Decree No. 11/87, of 4 May 1987

Amendment to the Personal Income Tax Code (Imposto Profissional) and to the Complementary Tax Code - 1987

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Decree No. 11/87 of 4 May 1987 In tax systems where progressive tax ranks are in force, and because they are set at nominal value, the increase in monetary income leads to situations in which individuals who were previously exempt from paying the tax are now taxed, as well as taxpayers who switch to higher tax rank.