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Cape Verde 2027 Budget Includes New Valuation Rules for Shares, Extension of Reduced VAT Rate for Electricity and Water, and e-Invoicing Updates

|Proposed Changes|Cape Verde
Cape Verde

Cape Verde's Ministry of Finance has published documents for the State Budget for 2027, which includes various tax measures. This includes the following new measures:

  • A new rule for the deemed valuation of the transfer (disposal) of company shares, providing that the transfer value is deemed equal to the quoted price in the case of listed shares or the value from the company's latest balance sheet in the case of non-listed shares, with the deemed valuation rule applied where the transfer va…

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