Foreign tax relief
A resident employee, entrepreneur, or professional may deduct the lower of the following amounts in order to mitigate the double taxation on foreign income taxed in another jurisdiction:
- Income tax paid abroad.
- PIT fraction computed before deductions due on the income taxed in the state of source.
Cabo Verde has tax treaties with Guinea-Bissau, Macau, and Portugal. See the Withholding taxes section in the Corporate tax summary for further information.