The tax treaty between Portugal and Angola has now entered into force.

In accordance with the treaty, it shall apply:

1. in Portugal:
   a) with regard to withholding taxes, the rules will take effect on 1 January 2020.
   b) with respect to other taxes, the provisions shall take effect as from tax periods beginning on or after 1 January 2020;
2. in Angola: the rules shall apply to taxes for which the taxable event occurs after 31 December 2019.

The treaty shall be in force for a period of 8 years, automatically renewable for equal and successive periods.

Click on the link below to see the diploma:

https://dre.pt/application/conteudo/125028207

For more information please contact us at info@ccsllegal.com

[Photo: Jorge Sá Pinheiro, available at: unsplash.com]