Macau, China, 13 Oct – The convention to prevent double taxation and tax evasion between Mozambique and Macau was published Monday in the official Bulletin of the Macau Special Administrative Region (MSAR).
The taxes covered by this convention are in Macau’s case Complementary Income Tax, professional Tax, Urban Property Contribution and Stamp Duty on Urban Property Contribution and in Mozambique’s case the taxes on Individual Income and Collective Income.
The Macau government signed a similar convention with Portugal approved by then governor Vasco Rocha Vieira on 7 December, 1999.
In this case, the convention applies to Individual Income and Collective Income taxes and in Macau’s case on Complementary Income Tax, Professional Tax, Urban Property Contribution and Stamp Duty. (macauhub)