Angola: Special Contributions Exempt Some Invisible Currents

Luanda — The unilateral remittances and payments for education and health abroad will be exempt from taxation, said on Thursday the Finance Minister, Armando Manuel.

Armando Manuel, who was speaking to MPs during the discussion of the General State Budget (OGE) in the speciality, said that under the new special contributions created by the State, in order to sustain the deficits caused by low oil prices at the international market, the invisible currents will cover the exemptions.

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