Non-oil tax revenues in Angola higher than Finance Ministry projections

5 December 2011

Lubango, Angola, 5 Dec – Tax revenues from non-oil activities from January to October in Angola totalled 23 billion kwanzas as compared to a projection of 17 billion from the Finance Ministry, the director of the Technical Unit for the Executive Tax Reform Project (PERT) said in Lubango Friday.

Speaking in the city in Huíla province about, “The government’s general outline for tax reform,” Francisco Brandão said that the 23 billion kwanza figure had been the result of payment of a number of taxes.

He also said that participation in the changes made to customs tariffs and moving ahead with forcible payments under the terms of the new regime had contributed to an increase in revenues.

Brandão said that the diploma also had as a priority reducing and training new technical staff for tax and customs administration, as well as creating administrative and IT procedures needed for the execution of the legislative changes underway.

He said that PERT also intended to create a tax training institute in order to train technical staff on the new technologies used. (macauhub)