On 12 September 2023, the General Tax Administration of Angola (Administração Geral Tributária) announced a tax relief program for voluntary settlement of outstanding tax debts. Accordingly, taxpayers can benefit from partial relief from fines and interest if they voluntarily settle their outstanding tax debts before 31 December 2023.
Under this relief program, taxpayers will enjoy a 50% reduction in fines and a 30% reduction in compensatory interest for tax debts at any stage of the collections process. To take advantage of this opportunity, taxpayers must notify the Tax Administration Services of their intention to settle the outstanding tax debt and make full payment within 15 days of receiving the settlement note.
It’s important to note that taxpayers who have committed a tax crime with proceedings initiated and those who intend to pay the debt in installments do not benefit from the reduction in legal increases.
