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:

Mecanagro to prepare over 250 hectares of land in Caculama

20 Oct 2014 Angop - Economy

Caculama - At least 250 hectares of arable land will be prepared this month in Caculama municipality, ...

Lunda Sul: Agricultural production records growth of 12 percent

20 Oct 2014 Angop - Economy

Saurimo - The agricultural production in the country during the agricultural year of 2013/2014 recorded ...

Malanje: Ministry of Economy approves 13 commercial projects

20 Oct 2014 Angop - Economy

Malanje - Thirteen commercial projects of business people from the northern Malanje province, valued ...

New company studies structuring of crop insurance

20 Oct 2014 Angop - Economy

Luanda - The New Insurance Company of Angola (Nossa Seguros) has pledged to work on structuring of crop ...

Congo rebel group may face military action should it fails to disarm until January

20 Oct 2014 Angop - Politics

Luanda - The largest remaining illegal foreign-armed group operating in the Democratic Republic of Congo ...

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