Angola

The major recent tax changes were the following:

• Law 14/25, of 30 December approved the General State Budget for 2026. This diploma entered into force on 1 January 2026. Amongst various tax measures, we highlight the following key updates: 

1. 1. The exemption from PIT for employment income up to Kz 100,000.00 is increased to Kz 150,000.00. 
   2. For CIT purposes, IT platforms that support mobile financial services shall be capable of being amortised, for tax purposes, over a period of up to eight (8) years, subject to adequate technical and accounting justification. 
   3. The transfer of immovable property for residential purposes up to AOA 40,000,000.00 is exempt from Property Tax, and the Property Tax rate applicable to transfers of immovable property for residential purposes valued above Kz 40,000,000.00 is reduced by 50%, up to a limit of Kz 100,000,000.00. 
   4. The 5% rate of the Investment Income Tax (IAC) applicable to certain types of income has been eliminated, and a 10% rate now applies. 

• Presidential Legislative Decree No. 4/26, of 22 April 2026, created the Special Contribution for Tourism (CET) and approved its respective legal framework. This diploma entered into force within 90 days from the date of its publication.