New Large Taxpayers Regime

Angolan's Republic Gazette of 1 October 2013 has been recently released thus publishing Presidential Decree no. 147/13, which introduces a new set of rules applicable to large taxpayers in Angola.

In addition to defining a new set of rights and obligations applicable to large taxpayers, this regime also introduces a new group taxation regime and new transfer pricing rules.

I. Large taxpayers

Even though the regime under analysis does not set forth the legal requirements for an entity to be qualified as a large taxpayer, it is established that the Minister of Finance shall publish a list containing the names of the qualifying entities, which shall be selected in accordance with a set of criteria to be defined at the discretion of the Tax Authorities.