On 8 March 2023, the Organization for Economic Co-operation and Development (OECD) announced that Angola has joined the Global Forum on Transparency and Exchange of Information for Tax Purposes (Global Forum).
Like all other members, Angola will participate on an equal footing and is committed to combatting offshore tax evasion through the implementation of the internationally agreed standards of exchange of information on request (EOIR) and automatic exchange of financial account information (AEOI).
Angola will also join the Africa Initiative, a programme of work launched in 2014 to support domestic revenue mobilization and the fight against illicit financial flows in Africa through enhanced tax transparency and exchange of information. The latest Tax Transparency in Africa 2022 progress report highlights the Initiative’s relevance and major achievements to date.
