04.10.2021

Practice Areas: Tax

Desks: Angola Desk

Mariana Gouveia de Oliveira comments on VAT withheld on TPA payments in Angola

Mariana Gouveia de Oliveira, Professional Partner at Abreu Advogados, clarifies in Angolan newspaper Expansão the challenges of the measure that requires the Angolan financial system to withhold 2.5% VAT on payments made through Automatic Payment Terminals.

In the article he argues that the proposed solution does not seem proportional or adjusted, given that the volume of transactions makes it difficult to comply with this tax measure.

Read the full article here.

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