- The Angolan Ministry of Finance posted the draft 2025 Budget bill online on December 11
- The bill proposes reducing the VAT rate to 5 percent on certain industrial equipment imports or transfers by manufacturers
- This reduction is subject to the approval of the General Tax Administration
Source: news.bloombergtax.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
