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Mozambique to Reduce Standard VAT Rate

Mozambique’s Council of Ministers reportedly approved a package of tax measures on 8 November 2022 that includes:

  • A reduction in the standard VAT rate from 17% to 16%;
  • The introduction of new excise duty rates for the period 2023 to 2025, with the maximum ad valorem rate limited to 30%.

Source Orbitax

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