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Angola Allows Periodic VAT Payments in Installments

|Approved Changes|Angola
Angola

Angola's General Tax Administration (Administração Geral Tributária - AGT) has issued a release announcing the introduction of the option to split periodic VAT payments into installments. Taxpayers are allowed to split up the payment of VAT automatically calculated based on periodic returns in up to 5 separate installments (settlement notes). This covers the total amount payable, including any legal surcharges (fines and interest), if applicable. The option to split the VAT payment is only e…

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