- Angola is set to implement e-invoicing and a prize invoice system.
- Presidential Decree No. 71/25 establishes the legal framework for tax invoices.
- The proposal was reviewed at the Economic Commission meeting led by President João Lourenço.
- E-invoicing will require timely communication of invoices to the tax authority, starting with large taxpayers.
- The prize invoice system will reward individuals for requesting invoices to encourage this practice and combat tax evasion.
- Regular invoice draws will be held in partnership with the National Gaming Institute.
- Details on prizes and frequency will be defined by the Finance Minister.
- Other tax-related proposals were reviewed, including adjustments to personal income tax and the General Tax Code.
- A proposal to modernize the Customs Code was also reviewed.
- These measures aim to enhance tax administration efficiency and promote fiscal justice.
Source: governo.gov.ao
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.
