Angola Programme

Taking stock of the tax reform process in Angola, and why tax incentives should be avoided

Angola is currently implementing a tax reform. The main objective of the reform is to increase non-oil tax revenues by broadening the tax base, rationalize incentives, increase control with voluntary tax payments and fight tax evasion. There is also a desire to use the tax system as a mechanism to provide incentives to investments and diversification of the economy. This brief argues that tax incentives in the form of lower rates, tax holidays and exemptions are likely to have negligible effects on investments. Extensive tax incentives are likely to undermine the efficiency and effectiveness of the tax system by creating room for bribery and corruption, increasing loopholes for tax evasion and distorting competition. Sticking to clear, unambiguous tax rules with not too many exceptions would likely avoid many unnecessary current and future conflicts.

Download publication

Last updated: June 05, 2012

Share |

Participating institutions


Decentralisation and Local Government in Angola

On Angola:

Avoiding Africa's Oil Curse. What East Africa Can Learn From Past Booms

22 Apr 2014 Foreign Affairs

East Africa is the global oil and gas industry's hottest frontier. Barely a month goes by, it seems, ...

Angola Growth Targets Delay Tax Reform: Michelsen Institute

27 Mar 2014 Bloomberg Business Week

Planned tax changes in Angola, Africa's second-largest oil producer, are hindered by inaccurate budget ...

IMF Executive Board Concludes the Second Post-Program Monitoring with Angola

19 Mar 2014 International Monetary Fund (IMF)

On March 5, 2014, the Executive Board of the International Monetary Fund (IMF) concluded the Second ...

News from selected sources:

Libolo Expected in Luanda to Face ASA

24 Oct 2014 AllAfrica - Angola

[ANGOP]Luanda -Recreativo do Libolo, leaders of the National Football Championship (Girabola), are expected ...

Ambassador Lashes Out Blocking Forces Against Angola

24 Oct 2014 AllAfrica - Angola

[ANGOP]Lisbon -Angolan ambassador to Portugal, José Marcos Barrica, Wednesday in Lisbon condemned the ...

Angola Rises in Fifa Ranking

24 Oct 2014 AllAfrica - Angola

[ANGOP]Luanda -Angola has improved in the ranking of International Federation of Association Football ...

No Ebola Case Confirmed in Luanda

24 Oct 2014 AllAfrica - Angola

[ANGOP]Luanda -The provincial Health director of Luanda, the physician Rosa Bessa, Thursday said that ...

Golf May Contribute to Enhancing Sports, Tourism in Country

24 Oct 2014 AllAfrica - Angola

[ANGOP]Luanda -The chairwoman of the Luanda's Golf Club, Albina Assis Africano, said Thursday that the ...

CMI (Chr. Michelsen Institute)
Phone: +47 47 93 80 00 - From abroad: +47 55 70 55 65
Fax: +47 47 93 80 01
E-mail: - Web:
P.O.Box 6033 Bedriftssenteret, N-5892 Bergen, Norway
Visiting address: Jekteviksbakken 31, Bergen