{"id":16702,"date":"2022-09-17T11:21:33","date_gmt":"2022-09-17T11:21:33","guid":{"rendered":"https:\/\/www.africa-press.net\/angola\/all-news\/executive-can-lower-the-tax-rate-in-the-economy"},"modified":"2022-09-17T13:21:51","modified_gmt":"2022-09-17T13:21:51","slug":"executive-can-lower-the-tax-rate-in-the-economy","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/angola\/all-news\/executive-can-lower-the-tax-rate-in-the-economy","title":{"rendered":"Executive can lower the tax rate in the economy"},"content":{"rendered":"<p><span style=\"color: #ff6600\"><strong>Africa-Press &#8211; Angola. <\/strong><\/span><b>The chairman of the Board of Directors of the General Tax Administration (AGT), Jos\u00e9 Leiria, stated that the perspective of tax reform tends to reduce tax rates and not to increase them.<\/b><\/p>\n<p>The manager defended this position at the Business Forum on &#8220;The Impact of Tax Legislation on Attracting Foreign Investment&#8221;, organized by the American Chamber of Commerce in Angola (AmCham-Angola).<\/p>\n<p>&#8220;Tax reform is a process of continuous improvement and the State expects, soon, to implement updates in the tax system&#8221;, he said quoted by the Jornal de Economia &amp; Finan\u00e7as, this Friday&#8217;s edition.<\/p>\n<p>With regard to income taxation, Jos\u00e9 Leiria added that the work is taking place, &#8220;in the sense that we will no longer have schedular taxes in Angola, that is, &#8220;we will have a single tax on the income of legal persons or companies, a single tax on the income of individuals and even a single tax that will tax micro-business activities\u201d, he said.<\/p>\n<p>He also explained that in 2014, with the exception of Consumption Tax, all debts incurred up to 31 December 2012 were forgiven and, in 2018, Law No. the OGE 2019, allowing the total forgiveness of fines and interest on debts constituted until December 31, 2017 \u2013 Exceptional Regime for the Regularization of Tax and Customs Debts.<\/p>\n<p><strong>For More News And Analysis About <a href=\"https:\/\/www.africa-press.net\/angola\">Angola<\/a> Follow <a href=\"https:\/\/www.africa-press.net\/\">Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Africa-Press &#8211; Angola. The chairman of the Board of Directors of the General Tax Administration (AGT), Jos\u00e9 Leiria, stated that the perspective of tax reform tends to reduce tax rates and not to increase them. The manager defended this position at the Business Forum on &#8220;The Impact of Tax Legislation on Attracting Foreign Investment&#8221;, organized [&hellip;]<\/p>\n","protected":false},"author":84,"featured_media":16701,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5,8,16],"tags":[233,337,329],"class_list":["post-16702","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","category-homepage-english","category-twitter","tag-africa-press","tag-africa-press-angola","tag-angola"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.1 (Yoast SEO v27.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Executive can lower the tax rate in the economy - Angola<\/title>\n<meta name=\"description\" content=\"The chairman of the Board of Directors of the General Tax Administration (AGT), Jos\u00e9 Leiria, stated that the perspect ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/angola\/all-news\/executive-can-lower-the-tax-rate-in-the-economy\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Executive can lower the tax rate in the economy\" \/>\n<meta property=\"og:description\" content=\"The chairman of the Board of Directors of the General Tax Administration (AGT), Jos\u00e9 Leiria, stated that the perspect ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/angola\/all-news\/executive-can-lower-the-tax-rate-in-the-economy\" \/>\n<meta property=\"og:site_name\" content=\"Angola\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2022-09-17T11:21:33+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-09-17T13:21:51+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/angola\/sites\/65\/2022\/09\/postQueueImg_17-6325c9dc2c393.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"620\" \/>\n\t<meta property=\"og:image:height\" content=\"355\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/angola\/all-news\/executive-can-lower-the-tax-rate-in-the-economy#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/angola\/all-news\/executive-can-lower-the-tax-rate-in-the-economy\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/angola\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Executive can lower the tax rate in the economy\",\"datePublished\":\"2022-09-17T11:21:33+00:00\",\"dateModified\":\"2022-09-17T13:21:51+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/angola\/all-news\/executive-can-lower-the-tax-rate-in-the-economy\"},\"wordCount\":228,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/angola\/all-news\/executive-can-lower-the-tax-rate-in-the-economy#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/angola\/sites\/65\/2022\/09\/postQueueImg_17-6325c9dc2c393.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Angola\",\"Angola\"],\"articleSection\":[\"all news\",\"economy\",\"homepage-english\",\"twitter\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/angola\/all-news\/executive-can-lower-the-tax-rate-in-the-economy#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/angola\/all-news\/executive-can-lower-the-tax-rate-in-the-economy\",\"url\":\"https:\/\/www.africa-press.net\/angola\/all-news\/executive-can-lower-the-tax-rate-in-the-economy\",\"name\":\"Executive can lower the tax rate in the economy - 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