Government of Angola prepares in depth tax reform

2 September 2016

The government of Angola is preparing an “in depth tax reform” in order to make the relationship with the taxpayer speedier and to broaden the tax base, the head of the General Tax Administration (AGT) said on Thursday in Luanda.

The managing director of AGT, Hermenegildo Gaspar, who was speaking at the opening session of the 1st Tax Forum, said this reform includes changing the tax law, updating and automation of the tax system, as well as human resources training and equipping tax and customs offices.

Gaspar said the reform being prepared involves investment in information technology, a key tool to respond to a framework intended to enhance potential customs and tax revenue collection.

Under the reform, the AGT is preparing new systems of tax administration, including the Automated System for Customs Data Processing (Asycuda) and the Integrated Tax Management System (SIGT).

According to Gaspar these systems will allow the automation of customs and tax procedures, leading to a reduction in clearance times and costs for the entities involved in foreign trade. (macauhub/AO)