Angola: Tax provisions released in Budget Law 2017

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The budget law 2017 was officially made available to the public on 10th February 2017.  The budget law was approved by the National Assembly on 17 November 2017 and was enacted on 31 December 2016.

According to Budget Law 2017, the 10% withholding tax on technical services and management fees paid to non-residents continues to apply. The withholding tax on technical services and management fees was introduced by Law No. 3/15 of 9 April 2015 and was approved by Presidential Legislative Decree No. 2/15 of 29 June 2015.

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