Angola: Modernization of Income Taxation

By Alexander D Klemm, Miguel Pecho, Sandro de Vargas Serpa, David Wentworth

February 5, 2024

Preview Citation

Format: Chicago

Alexander D Klemm, Miguel Pecho, Sandro de Vargas Serpa, and David Wentworth. Angola: Modernization of Income Taxation, (USA: International Monetary Fund, 2024) accessed November 8, 2024

Summary

A capacity development mission of the Fiscal Affairs Department (FAD) of the IMF visited Luanda, during the period November 6-17, 2023, to provide advice on tax policy and administration reforms to modernize and improve the income tax system. The mission recommended moving from a highly fragmented toward a more unified approach to taxation of income, with all labor income aggregated over the year and taxed under a common progressive tax schedule. The mission pointed to opportunities for improving income taxes compliance approaches, including through the development of capacities to manage tax incentives and international tax risks.

Subject: International organization, Monetary policy

Keywords: Corporate income tax, Personal income tax, Progressivity

Publication Details

Pages:

4
Volume:

---
DOI:

---
Issue:

---
Series:

High Level Summary Technical Assistance Report No. 2024/004
Stock No:

HLSEA2024004
ISBN:

9798400265228
ISSN:

2959-4103

FACTSHEETS

RESOURCES

TOPICS

Flagship Publications

Other Publications

IMF reports and publications by country

Regional Offices

All News

See Also

For Journalists

Press Center

RESOURCES

FLAGSHIPS

KEY SERIES

IMF NOTES

High-Level Summary Technical Assistance Reports