imageSão Tomé and Príncipe | Decree-Law No. 35/2000, of 28 November 2000

Introduction of the Consumption Tax on Services

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Decree-Law No. 35/2000 Whereas the Consumption Tax, regulated by Decree-Laws No. 20/76 and No. 14/93, is confined to goods, leaving out all traded services; Whereas the importance of services in the development process and their increasingly crucial role in the creation of wealth; Whereas also the new customs tariff, in force from 1 February 2000, has introduced important modifications to the assessment base as well as to the applicable rates, with consequences on tax revenues;