Laws no. 20/20 and 21/20, of 9 July, which approved the new Property Tax Code and introduced amendments to the General Tax Code, respectively, have been recently published in the National Gazette.

With the publication of the new Property Tax Code, the Angolan Government aims to contribute to the self-financing of the local Municipalities, increase efficiency regarding the management of real estate and promote the diversification of the Angolan economy through the dynamization of inert and unproductive land, whenever such is attributable to the will of its owner.    

The new Property Tax Code will enter into force on the 30^th day following its publication.

In turn, Law no. 21/20 which introduced substantial amendments to the General Tax Code in force, aims to improve flexibility and likewise simplify the procedures applicable the General Tax Administration as well as facilitate and ensure the rights of the taxpayers in respect of their access to the tax justice.

The amendments to the General Tax Code entered into force on the date of their publication in the National Gazette.