Angola Consulting on New Personal Income Tax Code

Angola's General Tax Administration (AGT) has announced a public consultation on a new Personal Income Tax Code, which would replace the current system of multiple tax codes for different income types with a single, unified tax for individuals. In particular, the Personal Income Tax Code would replace the Income Tax Code, the Capital Investment Tax Code, the Stamp Duty Code, and the Property Tax Code with a single tax that covers all personal income in five categories:

• Category A: Income fr…