Informative Note

Angolan ExtraordinaryTax and Exchange Amnesty Rules

22/01/2018

According to the news published in various media sources, a draft law that establishes a framework for an extraordinary tax and exchange regularisation programme (Regime Extraordinário de Regularização Tributária e Cambial – referred to here by its Portuguese initials, "RERTC") is awaiting approval by the Angolan authorities. In the meantime, the draft law has been circulated by various media outlets. This is the version of the draft law we will analyse below, noting that this information will have to be confirmed in light of the final text of the law and the regulations established under it, after they are published.

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