The Angolan Value Added Tax came into force at the beginning of
October of this year, which results, among other reasons, from a
set of charges made by the International Monetary Fund, as is well
known. The current economic state of the country is still very
fragile since the last oil crisis faced around the world. Thus, the
growing need for diversification of sources of state wealth has
materialized in the government's bet on tax collection.
Angola, while facing the challenge of minimizing the social
impacts of the implementation of the new tax, starting with the
one-off rate of 14%, is experiencing the opportunity to return to
the minimum stability needed for national and international private
investment, as it has already experienced. in the postwar period of
the early 2000s.
