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Notícias ao Minuto - Tax revenues reached 5.5 billion euros in Angola

The Angolan General Tax Administration (AGT) has already raised taxes amounting to 5.5 billion euros this year, up to October, of which the great contributors of the financial, diamond and oil sectors stand out.

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He added that the industrial tax rate "is the country's main tax, although its nominal rate has been reduced from 35% to 30%," the "real estate sector, which is expanding in Angola, another important source of income. revenue collection ".

Sílvio Burity explained that the tax collected from the real estate sector arises "from the collection of the Urban Property Tax, which is levied on the equity value of the real estate or on the income, if leased."

Read more (in portuguese): Tax revenues reached 5.5 billion euros in Angola

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